Jan
04
Biggest Economies Face $7 Trillion Debt Refinancing Tab in 2016
By-
Eight out of 11 countries to see bond, bill redemptions fall
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U.S., China buck trend with more government debt coming due
The amount of debt that the governments of the world’s leading economies will need to refinance in 2016 will be little changed from last year as nations make strides in cutting budget deficits to a third of the highs seen during the financial crisis.
The value of bills, notes and bonds coming due for the Group-of-Seven nations plus Brazil, China, India and Russia will total $7.1 trillion, compared with $7 trillion in 2015 and down from $7.6 trillion in 2012. Japan, Germany, Italy and Canada will all see redemptions fall, while the U.S., China and the U.K. face increases, data compiled by Bloomberg show…
Biggest Economies Face $7 Trillion Debt Refinancing Tab in 2016
