That still makes South Korean debt a very safe bet, though (the Irish CDS is more than five times higher).
The growth slowdown will make the public deficit and debt worse and potentially unsustainable over time.
He said when he was in the Israeli Army, she spent every cent he made and incurred debt, a habit he claimed she never shook.
The merchants would make debt (interest) payments on the loan for 15 years.
In the 1980s, high interest rates and the increased value of the United States dollar on international markets made debt servicing more expensive.
But it will prohibit borrowing for day-to-day expenses, and make most future debt a direct obligation of the state.
Falling interest rates in Europe also make debt there attractive, although Mr. Beckwitt has hedged most of his currency risk.
I thought that making debt into a saleable instrument ( a la sub prime mortgage) is what started this whole mess.
Lower interest rates would encourage investors to return to relatively dormant high-yield debt and leveraged loan markets, making debt more readily available to finance buyouts.
This 33.3 percent gap makes taxable debt better for Federal taxpayers paying a lower rate.