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The debts are probably government bonds with different maturities and interest payments being held by different banks.

I'm not sure where the information from this diagram comes from because I didn't think a banks exposure to different countries was public knowledge.



That data was released as part of the European bank stability tests. You can get the spreadsheets here http://www.eba.europa.eu/EU-wide-stress-testing/2011/2011-EU...

Historically it was not available.




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