To shorten or to lengthen? Public debt management in the low interest rate environment
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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With still large government debt and interest payments in many OECD countries, actively adjusting debt maturity can help to minimise debt servicing costs. Temporarily lengthening the maturity of new debt issuance may lower debt servicing costs in the longer term and reduce rollover risks if interest rates increase gradually over a prolonged period...
