And the amount borrowed has nearly doubled, to $23.1 billion.

And the nation has been able to borrow huge amounts for years without suffering a crisis.

In addition, his company had borrowed large amounts of money from the bank, although the exact amount is not known.

Companies or governments issue bonds because they need to borrow large amounts of money.

The borrower is only charged interest on the amount borrowed at any one point.

Also, he noted, the amount borrowed for the forestry account was far smaller.

The amount being borrowed through its overnight loan facility also increased, to €2.38bn (from almost €1.5bn).

The group pays a percentage of the amount borrowed but gets a rebate if they pay back on time.

The final amount paid for the degree is likely to be closer to double the amount borrowed in many cases.

Borrow unlimited amounts of money for 3 years at 1% to buy bonds yielding 5%.