• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文会议>UNCTAD's Second Inter-Regional Debt Management Conference, Apr, 2000, Geneva >THE IMPACT OF THE INTRODUCTION OF THE EURO ON DEBT MANAGEMENT IN HUNGARY
【24h】

THE IMPACT OF THE INTRODUCTION OF THE EURO ON DEBT MANAGEMENT IN HUNGARY

机译：引入欧元对匈牙利债务管理的影响

获取原文
获取原文并翻译 | 示例
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

Before trying to assess the impacts of the introduction of euro, I would like to draw attention to one specific aspect of Hungarian debt management. For the past 30 years, Hungary has been an active participant in the international capital markets, having issued more than 100 public bonds in 13 different markets, including those of the so-called legacy currencies (deutsche mark, Austrian schilling, Netherlands guilder, French franc, Luxembourg franc and Spanish peseta). Due to this active fund-raising from the international capital markets, Hungary has a relatively high share of foreign currency debt, which constitutes 36 per cent of the public debt portfolio. In line with the debt management strategy of the Government debt management agency the budget deficit, including interest payments on external debt and the maturing domestic debt, is exclusively financed by the domestic market. As only the maturing principal of the foreign currency debt is being rolled over in the international capital markets, the share of the foreign currency debt will gradually decrease. A more radical decrease of this part of our debt portfolio is not contemplated.
机译：在评估欧元引入的影响之前，我想提请注意匈牙利债务管理的一个特定方面。在过去的30年中，匈牙利一直积极参与国际资本市场，在13个不同的市场发行了100多种公共债券，其中包括所谓的传统货币（德国马克，奥地利先令，荷兰盾，法国法郎，卢森堡法郎和西班牙比塞塔）。由于从国际资本市场筹集资金，匈牙利在外币债务中所占比例较高，占公共债务投资总额的36％。根据政府债务管理机构的债务管理策略，预算赤字，包括外债利息和到期的国内债务，全部由国内市场供资。由于只有到期的外币债务本金在国际资本市场上结转，因此外币债务的份额将逐渐减少。我们并未预期这部分债务组合会出现更大幅度的减少。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号