Risk mitigation in the stock of public debt
The key aspects of risk mitigation in public debt are analysed by comparing national data to the key thresholds defined. The data provided by the national authorities is verified against the data available from public sources.
For each of the following six criteria, 1 point is awarded (total of 6 points).
Criteria fulfilled: 1/6
Yes
No
No data available / not assessed
| Local government can only borrow within legally set limits or with the formal consent of the government, and all local government entities report on their debt and borrowing at least twice a year (1 point) | |
| All state-owned enterprises (SOEs) report on their debt and borrowing at least twice a year (1 point) | |
| A maximum of 10% of the stock of public debt will mature in the next year (1 point) | |
| A maximum of 10% of national debt is in foreign currency without being hedged (1 point) | |
| The share of floating-rate debt in the stock of total debt is not more than 10% (1 point) | |
| National financial reserves equal to at least 10% of general government expenditure exist, and the reserves are liquid (1 point) |