government debt

(redirected from Refinancing the public debt)

Government Debt

government debt

see NATIONAL DEBT.
References in periodicals archive ?
The ministry emphasized that it did not exceed the borrowing ceiling which was set at $7 billion, adding that it is merely refinancing the public debt in accordance with Paris III requirements.
The scheme is worth one billion euros to international markets, aimed at refinancing the public debt expiring in 2009.
AKEL spokesman Stavros Evagorou rejected Neophytou's comments, saying that the DISY member "is a very good economist who knows full well that refinancing the public debt involves the issuing of both domestic and foreign bonds", adding that "routine economic measures cannot be described as mere fireworks, especially when they involve billions of euros.