TL;DRAbstract
The principal objective of public debt management is the minimisation of costs subject to a given level of risk. Costs are measured overall as the total costs (interest payments plus/minus the change in Net Present Value – NPV), whereas the contributing interest payments are also reported and evaluated separately in the risk management framework.
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The principal objective of public debt management is the minimisation of costs subject to a given level of risk. Costs are measured overall as the total costs (interest payments plus/minus the change in Net Present Value – NPV), whereas the contributing interest payments are also reported and evaluated separately in the risk management framework.
Keywords
BusinessDebtGovernment (linguistics)FinancePhilosophyLinguistics
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