Reducing WAM by 1yr is worth 3bp. Lowering front-end rates is worth 19bp. In contrast, reducing the deficit by 1pp is worth 13bp, even without any impact on the interest rate curve — and this is an ...

In Thursday report, the PBO says the federal deficit will increase from $51.7 billion in 2024-25 to $68.5 billion in 2025-26 ...

The Federal Government has significantly reduced its debt servicing burden, cutting it from 91% of revenue to 62%, a move hailed as a major economic achievement. Speaking during an interview with ...

Between 2021 and 2030, Sub-Saharan Africa will require over $1.4 trillion in climate finance—equivalent to $143 billion per ...

Nigeria’s total debt service costs, including external and domestic obligations, rose in the third quarter of 2024, reflecting the combined impact of increased external debt service payments and ...

When Germany borrows from the international loan market, it is charged a modest interest rate of 0.8 percent per annum. The same is 2.5 percent for the US. But if one comes to the southern nations, ...

The United States is currently in a "death spiral" of debt that could lead to an economic "heart attack" if both parties do not work together to start cutting immediately, according to Ray Dalio, the ...