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06 August 2021
05:41 hour

'Every time, it's messy:' U.S. again approaching debt ceiling

Investing.com

21/07/2021 - 15:53


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  1. Debt ceiling approaching and what's the status and how much should we be concerned? (17/07/2021 - Reddit Stocks)
    So it seems that Debt Ceiling is fast approaching, and I did basic google search, but I dont see any insightful article about how much the current treasury is tipped over than legally required debt ceiling and how much investors should be concerned. If anything, like everything else happening in DC, it appears to be power grab in both aisles of the Congress, meaning that if Treasury is currently overspending the debt ceiling, the odd is that market will likely crash (like it used to be in AUG2011), which can be actually good chance if portfolio is well-prepped. I dont think that both aisles of Congress will find some solutions and Senate has dead-end filibuster in my limited political understanding of USA. So can anyone share some ideas of what's the status of debt ceiling, or at least where to take a look to conclude some meaningful ideas?   submitted by   /u/taintmoun [link]   [comments]
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  2. While nobody was looking (31/07/2021 - Reddit Stock Market)
    The suspension on raising the federal debt ceiling expires this weekend. What will the market do Monday? The Treasury started using special measures Friday to avert default, but those options will run out in September. Congress is now on vacation and not planned to be back 8n Washington until September. During less fanatical times, democrats and republicans routinely raised the debt ceiling as the thought of default was seen as mutely self destructive. This time, I am worried that the most extreme in both parties are willing to go to whatever means necessary to force their special interest agendas forward. How likely is it that holding the debt ceiling hostage triggers the next market correction? When would that correction start? What can you do to mitigate the damage to your portfolio?   submitted by   /u/curiosity_2020 [link]   [comments]
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  3. : Yellen warns U.S. debt-ceiling could be hit ‘this summer’ without Congressional action (07/05/2021 - Market Watch)
    Treasury Secretary Janet Yellen warned Friday that there are some scenarios that show the traditional 'extraordinary measures' her agency has used to stay under the federal debt ceiling during Congressional inaction might not work well this year.
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  4. Extra Credit: The looming $21.3 billion in debt that could cost Americans their homes (30/07/2021 - Market Watch)
    This week in Extra Credit, we talk rent debt, student loan cancellation and the debt ceiling
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  5. What's at stake for markets as U.S. debt ceiling looms (14/06/2021 - Investing.com)

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  6. Debt Ceiling Debacle Threatens Fireworks in U.S. Money Market (21/07/2021 - Investing.com)

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  7. Treasury to suspend state bond issuance amid clash over debt ceiling (30/07/2021 - Seeking Alpha)

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  8. : U.S. Treasury officials urge Congress to raise debt-limit (05/05/2021 - Market Watch)
    Treasury Department officials on Wednesday urged Congress to raise the debt limit. A suspension of the debt-ceiling expires on July 31.
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  9. FED REVERSE REPO CLOSE TO $1 Trillion USD (01/07/2021 - Reddit Stocks)
    ​ Hello, Just here to share this https://www.bloomberg.com/news/articles/2021-07-01/treasury-bill-supply-cuts-loom-as-debt-ceiling-set-to-return The reinstatement of the federal debt ceiling at the end of July also means the mismatch between low supply of short-term securities and surging demand could get a lot worse. The ongoing imbalance in the front-end has been fueled in part by the Federal Reserve’s bond-buying program and the federal government’s fiscal stimulus. The resulting surfeit of cash in money-market funds has held rates on short-term instruments ranging from bills to repurchase agreements near or below zero since the beginning of the year, and pushed demand at the Fed’s reverse repo facility close to $1 trillion.   submitted by   /u/goattrybe [link]   [comments]
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  10. Capitol Report: Yellen turns up heat on Congress to tackle debt ceiling (23/07/2021 - Market Watch)
    Treasury Secretary Janet Yellen on Friday turned up the pressure on Congress to tackle the debt limit, saying the pandemic has scrambled prior accounting tricks the government used to avoid default on its debts.
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  11. Capitol Report: Can Democrats raise the debt ceiling alone and avert a market meltdown? (30/07/2021 - Market Watch)
    On Sunday, the Treasury Department will once again be limited by law from adding any new borrowing to the national debt, setting the stage for a monthslong political battle between Democrats and Republicans over what conditions should be met before Congress allows the Treasury Department to borrow money for programs it has already authorized.
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  12. At noon on Friday, the Treasury will be suspending sales of securities according to a letter Secretary Janet Yellen sent to Congress last week. The debt ceiling will be reinstated on Sunday. (31/07/2021 - Reddit Stock Market)
      submitted by   /u/Mercurysol [link]   [comments]
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  13. Market Extra: How a stock-market selloff made junk bonds an unlikely safe haven (15/05/2021 - Market Watch)
    U.S. stocks end lower on the week after hot inflation data spooked investors bracing for a roaring, but potentially messy economic comeback. Their equity-like counterparts in the debt world barely budged.
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  14. Puts on SPY? (01/08/2021 - Reddit Stocks)
    Recently alot of news seems to be aligning for a massive pullback, as the eviction moratorium is over and the no debt ceiling being over this weekend. I'm not from the US so I am not certain if Congress is out for the next 6 weeks but seems like a shitshow if true. Is there anyway for the market to have already priced this in or will it hit harder than expected?   submitted by   /u/Theuniqueusernameguy [link]   [comments]
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  15. The 1 trillion dollar repo market simplified and highly reductive. (31/07/2021 - Reddit Stocks)
    Okay so today we saw 1 trillion in Repo market activity. Banks have too much cash. They throw it back to the Fed Treasury overnight at a .05%APR bond. As asinine as it sounds too much cash as a bank is a liability due to inflation. So in order to not get slaughtered by inflation they take meager returns from the Fed. Purchasing an overnight bond from the FED is considered an asset. But let's reduct this a bit. I can buy a bond with cash and that bond would be can asset to me. That's what banks are doing. They are shifting liability (cash) for an asset (bond). Now let's move to step 2. While the Fed is issuing bonds they are essentially issuing debt. You give me 1000 I'll pay you 1001 at the end of the night. This is alright due to the debt ceiling. But the debt ceiling is approaching. I believe congress will raise the debt ceiling. So that kicks can down road. They always have in past. But what worries me is banks that are absolutely flush with cash can't find a better use for it? There best guess is an overnight parking spot? Mind you if banks for example park 1,000,000 in this parking spot they are getting .005 over the year. .005x1,000,000 is $5000. $5000÷365 = $13.69 a night on a million dollars. Think about it if I was a bank and my business is making financial deals making 13 bucks on a million is dog shit. It's a waste. So why are they putting all this cash here? I don't doubt for a second that these banks are exponentially more savy than anyone in this subreddit and that's the most rational decision they could come to. Between loans, mortgages, investments, forex, construction, etc they chose to park it in a overnight parking garage for dog shit. This leads me to my finale. They park it here because this is the least risky option they have at there disposal and that's fucking scary. There in the business of keeping whatever they have and fucking you out of whatever you have. They're banks. It's in their nature a la scorpion and the bullfrog. Of the options at their disposal they chose this route because it's the only viable option at this juncture. That's scary. Especially since market wise the S&P 500 hit new highs just yesterday. There are tons of options in money markets. There are even more options in loans for let's say corporate bonds but no they didn't pick them. They have no faith in lending to businesses even though there is need. If that was a viable option we wouldn't see 1,000,000,000,000 in dog shit overnight parking garages. They have no faith in the recovery of America out of the coronavirus bullshit. This should scare you. What happens when banks, our lifeline of credit stop interaction with the economy at large because of "MuH .0o5%". They simply ran out of good deals. In closing to back track a bit banks need assets as collateral for outstanding positions they have. In order to not get liquidated out of riskier positions they have to have enough assets on the books to keep the game going. This is a grown up margin call. I think alot of this reshuffling is meant to give our biggest banks "assets" that stand as collateral in the wake of underwater investments. Goldman Sachs JP Morgan Citi Credit Suisse etc do investment banking. They need to have assets to cover their bets or else face liquidation   submitted by   /u/TurnDownForWhat [link]   [comments]
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  16. Does anyone trade solely on the chart and indicators without doing DD? (27/04/2021 - Reddit Stocks)
    Anyone here enter / exit positions solely on the chart? And maybe include a little layman's knowledge into your decision? Mainly like what the general perception is of that company A lot of people seem to do a good amount of digging into a company's financials etc. Before they make a move, but for those of us that just don't have the time and patience, do you just utilize what the chart is giving you? example: stock A is approaching a 50 SMA line which it has shown support at for the last month or so, time to buy. stock B is approaching a strong resistance level, time to sell and if so...has this approach worked out for you?   submitted by   /u/MatticusXII [link]   [comments]
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  17. The amount of “Its gonna crash more” makes me think that we’re approaching the bottom (09/03/2021 - Reddit Stocks)
    Reddit sentiment seems to have gone through “buy the dip” to “we’re all doomed and there is a lot more pain to come”. And since reddit comments en masse appear to precede the opposite movement of the market then the correction should be approaching its end lol   submitted by   /u/DarkyPaky [link]   [comments]
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  18. Joe Biden believes US will be approaching normalcy by end of this year (20/02/2021 - Financial Express)
    President Joe Biden has said that he believes the US will be approaching normalcy by the end of this year as the country races to deliver coronavirus vaccines to millions of Americans.
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  19. Is USA debt really a debt? (20/07/2021 - Reddit Stocks)
    So as i inderstand they consider money printing debt but since its capital the usa doesnt have to pay it back no? This is why inflation happens. But when everyone talks about trillions of US debt its not really a debt right?   submitted by   /u/hefnertes [link]   [comments]
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  20. : Mortgage rates fall for the first time since February — but don’t necessarily expect a long reprieve (08/04/2021 - Market Watch)
    The interest rates on home loans likely haven’t hit their ceiling yet, according to one economist.
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  21. : Mortgage rates fall for the first time since February — but don’t necessarily expect a long reprieve (08/04/2021 - Market Watch)
    The interest rates on home loans likely haven’t hit their ceiling yet, according to one economist.
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  22. Key Words: Tom Hanks says schools should teach the Tulsa Race Massacre and stop ‘whitewashing’ curriculums (04/06/2021 - Market Watch)
    ‘America’s history is messy but knowing that makes us a wiser and stronger people’
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  23. ARK's Cathie Wood weighs in on oil, sees $70 ceiling (11/05/2021 - Seeking Alpha)

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  24. Parsons bags $600 ceiling U.S. Postal Service contract (23/02/2021 - Seeking Alpha)

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  25. : What happens if divorced parents disagree about their child getting the COVID-19 vaccine? Attorneys say it could get messy (13/05/2021 - Market Watch)
    ‘There will certainly be some controversy about this,' one divorce attorney said after the FDA cleared the way for using the Pfizer/BioNTech vaccine on 12 to 15-year-olds.
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  26. : Larry King had a secret will that excluded his wife — estate planning gets messy (16/02/2021 - Market Watch)
    The late night talk show host wrote a handwritten will, but his wife said she's going to contest it.
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  27. Parsons bags $250M ceiling seabed-to-space ISR contract (22/03/2021 - Seeking Alpha)

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  28. Parsons wins $2B ceiling air force base modernization contract (02/03/2021 - Seeking Alpha)

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  29. S&P keeps fighting off a correction, but Wall Street sees a near ceiling: Alpha Tactics (22/05/2021 - Seeking Alpha)

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  30. BAE Systems secures $600M ceiling Air Force contract for F-16 support equipment (25/03/2021 - Seeking Alpha)

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  31. China Gross External Debt (27/03/2021 - Trading Economics)
    External Debt in China increased to 24007.90 USD HML in 2020 from 20573 USD HML in 2019. External Debt in China averaged 5418.85 USD HML from 1985 until 2020, reaching an all time high of 24007.90 USD HML in 2020 and a record low of 158.28 USD HML in 1985. In China, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - China External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  32. Venezuela Public External Debt (19/03/2021 - Trading Economics)
    External Debt in Venezuela remained unchanged at 0 USD Million in December from 0 USD Million in November of 2020. External Debt in Venezuela averaged 237.63 USD Million from 1996 until 2020, reaching an all time high of 2189 USD Million in September of 2013 and a record low of 0 USD Million in June of 2007. In Venezuela, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Venezuela External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  33. Parsons secures $100M ceiling Naval Information Warfare Center Pacific Contract (08/03/2021 - Seeking Alpha)

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  34. Croatia Gross External Debt (18/02/2021 - Trading Economics)
    External Debt in Croatia decreased to 47614.86 USD Million in October from 48101.17 USD Million in September of 2020. External Debt in Croatia averaged 45686.39 USD Million from 1999 until 2020, reaching an all time high of 74752.27 USD Million in April of 2011 and a record low of 9837.95 USD Million in February of 2000. In Croatia, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Croatia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  35. Chile General Government External Debt (13/02/2021 - Trading Economics)
    External Debt in Chile increased to 208434.09 USD Million in December from 206728.82 USD Million in November of 2020. External Debt in Chile averaged 100810.72 USD Million from 2003 until 2020, reaching an all time high of 213163.07 USD Million in July of 2020 and a record low of 2435 USD Million in May of 2009. In Chile, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Chile External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  36. Denmark Central Government External Debt (18/02/2021 - Trading Economics)
    External Debt in Denmark decreased to 82202 DKK Million in December from 98966 DKK Million in November of 2020. External Debt in Denmark averaged 88687.67 DKK Million from 1980 until 2020, reaching an all time high of 176785 DKK Million in September of 1993 and a record low of 388 DKK Million in January of 2020. In Denmark, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Denmark External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  37. Jordan External Public Debt (11/03/2021 - Trading Economics)
    External Debt in Jordan increased to 12338.20 JOD Million in 2019 from 12087.50 JOD Million in 2018. External Debt in Jordan averaged 6210.46 JOD Million from 1988 until 2019, reaching an all time high of 12338.20 JOD Million in 2019 and a record low of 3640.20 JOD Million in 2008. In Jordan, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Jordan External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  38. Fed debt and market cycles (21/02/2021 - Reddit Stocks)
    So with my limited understanding of economy I need some help from the community. My understanding is when the fed debt becomes too high we are basically in for a recession, which would be indicated by the fed raising the interest rates? Now looking at the debt to gdp ratio it's at it's all time high since at least 1929. Wouldn't this mean the second the feds start raising the interest rate the whole market is going to go boom? or am I missing some information here? ​ Source on the debt ratio: https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287   submitted by   /u/Syanth [link]   [comments]
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  39. Bangladesh Government Debt to GDP (02/03/2021 - Trading Economics)
    Government Debt to GDP in Bangladesh increased to 31.70 percent in 2020 from 29.60 percent in 2019. Government Debt to GDP in Bangladesh averaged 37.91 percent from 1995 until 2020, reaching an all time high of 50 percent in 2002 and a record low of 27 percent in 2017. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Bangladesh Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  40. Brunei Government Debt to GDP (12/03/2021 - Trading Economics)
    Government Debt to GDP in Brunei increased to 3.20 percent in 2020 from 2.60 percent in 2019. Government Debt to GDP in Brunei averaged 0.87 percent from 1985 until 2020, reaching an all time high of 3.20 percent in 2014 and a record low of 0 percent in 1986. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Brunei Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  41. Haiti Government Debt to GDP (23/03/2021 - Trading Economics)
    Government Debt to GDP in Haiti increased to 54.40 percent in 2020 from 47.70 percent in 2019. Government Debt to GDP in Haiti averaged 42.07 percent from 1997 until 2020, reaching an all time high of 60.90 percent in 2003 and a record low of 23.70 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Haiti Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  42. Bhutan Government Debt to GDP (12/03/2021 - Trading Economics)
    Government Debt to GDP in Bhutan decreased to 104.40 percent in 2019 from 110.50 percent in 2018. Government Debt to GDP in Bhutan averaged 77.73 percent from 1996 until 2019, reaching an all time high of 117.30 percent in 2016 and a record low of 36.90 percent in 1998. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Bhutan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  43. Iran Government Debt to GDP (08/03/2021 - Trading Economics)
    Government Debt to GDP in Iran decreased to 37.90 percent in 2019 from 44.20 percent in 2018. Government Debt to GDP in Iran averaged 19.92 percent from 1996 until 2019, reaching an all time high of 47.50 percent in 2016 and a record low of 8.90 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iran Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  44. Zambia Government Debt to GDP (28/03/2021 - Trading Economics)
    Government Debt to GDP in Zambia increased to 91.90 percent in 2019 from 77.20 percent in 2018. Government Debt to GDP in Zambia averaged 122.56 percent from 1990 until 2019, reaching an all time high of 277.53 percent in 1991 and a record low of 28.80 percent in 2013. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Zambia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  45. Kazakhstan Government Debt to GDP (23/02/2021 - Trading Economics)
    Government Debt to GDP in Kazakhstan decreased to 19.90 percent in 2019 from 20.30 percent in 2018. Government Debt to GDP in Kazakhstan averaged 13.52 percent from 2002 until 2019, reaching an all time high of 21.90 percent in 2015 and a record low of 5.90 percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Kazakhstan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  46. Congo Government Debt to GDP (03/03/2021 - Trading Economics)
    Government Debt to GDP in Congo increased to 84 percent in 2019 from 79 percent in 2018. Government Debt to GDP in Congo averaged 107.27 percent from 2000 until 2019, reaching an all time high of 204.40 percent in 2003 and a record low of 42.30 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Congo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  47. Moldova Government Debt to GDP (15/03/2021 - Trading Economics)
    Government Debt to GDP in Moldova decreased to 25 percent in 2019 from 27 percent in 2018. Government Debt to GDP in Moldova averaged 52.48 percent from 1995 until 2019, reaching an all time high of 159.42 percent in 1998 and a record low of 19.27 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Moldova Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  48. Georgia Government Debt to GDP (01/03/2021 - Trading Economics)
    Government Debt to GDP in Georgia decreased to 41.20 percent in 2019 from 43 percent in 2018. Government Debt to GDP in Georgia averaged 37.27 percent from 2004 until 2019, reaching an all time high of 44.40 percent in 2016 and a record low of 21.55 percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Georgia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  49. Cambodia Government Debt to GDP (03/03/2021 - Trading Economics)
    Government Debt to GDP in Cambodia increased to 31.50 percent in 2020 from 28.60 percent in 2019. Government Debt to GDP in Cambodia averaged 32.48 percent from 1996 until 2020, reaching an all time high of 43.10 percent in 2003 and a record low of 27 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Cambodia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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