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Explore central government debt statistics derived from national sources. Learn about debt instruments such as treasury bills and bonds. Access detailed debt publications and methodological notes.
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PRESENTATION OF THE CENTRAL GOVERNMENT DEBT By Isabelle Ynesta National Accounts and Economic statistics
Central Government Debt • Focus on borrowings requirements by governments to finance their budget deficits. • Statistics are collected from national sources based on a questionnaire prepared and agreed by the Working Party on Government Debt Management. • Concepts and definitions are derived from SNA93. • The institutional coverage is limited to central government sector. It excludes state and local governments and social security funds.
Description of Central Government Debt Instruments • Marketable debt instruments • Money market instruments • Treasury bills • Commercial paper • Other • Bonds • Fixed rate income instruments • Index-linked bonds • Variable-rate notes • Non marketable debt instruments • Savings bonds • Other
Central Government Debt publication • Part I: Summary tables and charts derived from country tables expressed in million US dollars or as a percentage of GDP. • Part II: Country tables expressed in national currency. • Table 1: Central Government Debt by instrument, amounts outstanding at the end of the year. • Table 2: Central Government Debt by instrument, Gross and Net issues. • Part III: Methodological notes. • Describe the detail of debt instruments in each country. • Provide information on the institutional and regulatory framework.
Central Government Debt: a part of Financial Accounts • Sector level: • Sector 1311 of financial accounts called “Central Government”. • Instruments level: • Treasury bills are included in the category F331 of the financial accounts called “Securities and other than shares, short term”. • Bondsare included in the category F332 called “Securities and other than shares, long term”.
Developments of Central Government Debt • Pilot project: • Extension of the database: • Data collection on duration and term to maturity (summer 2003). • Data collection on financial derivatives (2004). • Other projects: • Survey on the methods used by the OECD Member countries to calculate consecutive central government debt outstanding amounts and net issues. • Integration of the central government debt database within the financial accounts database. • Comparison between data collected within the framework of the financial accounts, with data collected through the central government debt questionnaire.