FRANKFURT (MktNews) - Germany's debt-to-GDP ratio fell to 60.3% in 2000, down 0.7 percentage point from 1999, mainly due to income from the sale of UMTS mobile phone licences, the Bundesbank monthly report for March said. The ratio thus is "slightly" above the Maastricht Treaty limit of 60%, the central bank noted. The effect of the UMTS revenues is expected to continue pushing down the debt ratio in 2001 despite the planned rise in government net borrowing this year, the report said. In fact, public sector indebtness fell E17 billion in January due to the use of the last tranche of UMTS revenues to buy back government debt. Germany's 2000 debt-to-GDP ratio was revised up slightly from 60.2% reported initially, due to the downward revision to 2000 GDP, according to the Bundesbank. In absolute terms, the total debt of the German public sector -- federal, state and local governments -- rose by a net E16.0 billion in 2000 to "almost" E1,216 billion in 2000.