OECD sovereign borrowing outlook 2014.
Each year, the OECD circulates a survey on the borrowing needs of member countries. The responses are incorporated in the OECD Sovereign Borrowing Outlook to provide regular updates of trends and developments associated with sovereign borrowing requirements and debt levels from the perspective of pu...
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Formato: | Libro electrónico |
Idioma: | Inglés |
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[Paris, France] :
OECD Publishing
2014.
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Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705734306719 |
Tabla de Contenidos:
- Foreword; Acronyms and abbreviations; Editorial; Executive summary; Chapter 1. Sovereign borrowing overview; 1.1. The combined gross borrowing needs of OECD governments seem to have peaked but government debt ratios continue to rise; Figure 1.1. Fiscal and borrowing outlook in OECD countries for the period 2007-14; Table 1.1. Central government marketable gross borrowing and marketable debt in the OECD area; Figure 1.2. Central government gross borrowing, interest payments and long-term interest rate for OECD area; 1.2. Higher levels of confidence but mixed signals on volatility
- 1.3. Outlook for central government marketable gross borrowing needs for OECD groupingsFigure 1.3. General government financial balance-to-GDP ratios in OECD country groupings; Figure 1.4. Central government marketable gross borrowing by OECD country grouping; 1.4. Outlook for central government marketable gross borrowing needs of individual OECD countries; Table 1.2. Central government marketable gross borrowing by country; 1.5. The behaviour of long-term government borrowing rates in OECD government securities markets
- Figure 1.5. Historical 10-year government bond yields in major OECD economies1.6. Why are long-term borrowing rates strongly correlated?; Figure 1.6. Evolution of 1-year yields on government bills in major OECD economies; Figure 1.7. Inflation-indexed government bonds yields; 1.7. Direction of the transmission of monetary policy shocks across countries; 1.8. The interest rate effects of government debt and its maturity; 1.9. The challenge of raising large volumes of funds with acceptable rollover risk
- Figure 1.8. Medium-and long term redemptions of central government marketable debt in OECD country groupingsFigure 1.9. Percentage of debt maturing in next 12, 24 and 36 months; Figure 1.10. Average term to maturity of outstanding marketable bonds; Figure 1.11. Maturity structure of gross issuance operations in the OECD area; 1.10. Funding strategy; Table 1.3. Funding strategy based on marketable gross borrowing needs in OECD area; 1.11. Government debt at a glance: General government debt as a percentage of GDP is projected to surpass the World War II peak
- Figure 1.12. Issuance of linkers and variable rate instruments in the OECD areaFigure 1.13. Gross public debt of selected advanced economies: 1880-2014; Figure 1.14. General government gross debt for different country groupings; 1.12. Gross central debt versus gross and net financial general government debt; Figure 1.15. General government net debt in OECD countries; Figure 1.16. Central government marketable gross debt in OECD countries; Figure 1.17. Maturity structure of central government marketable debt for OECD area; Notes; References; Chapter 2. Outlook for sovereign stress
- 2.1. Overall sovereign market stress in the OECD area seems to have subsided somewhat...