FEDERAL GOVERNMENT TO REDUCE ISSUANCE OF SHORT- TERM DOMESTIC DEBT INSTRUMENTS

The Federal Government plans to rebalance the domestic component of its public debt portfolio in 2019 in order to achieve longer maturity for at least 75 percent of its domestic debt portfolio.

The Debt Management Office stated this in its Risk Analysis of the Government’s Total Debt for 2017.

The DMO stated that the refinancing risk of the government’s debt portfolio was very high because of the presence of a large proportion of domestic debt maturing within a period of one year.

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