DEBT

WHEN OECD GOVERNMENTS ARE FACING UNPRECEDENTED CHALLENGES IN THE MARKETS FOR GOVERNMENT SECURITIES…

OECD GOVERNMENTS ARE FACING UNPRECEDENTED CHALLENGES IN THE MARKETS FOR GOVERNMENT SECURITIES.

THIS IS A RESULT OF CONTINUED STRONG BORROWING AMID A HIGHLY UNCERTAIN ENVIRONMENT WITH GROWING CONCERNS ABOUT THE PACE OF RECOVERY, SURGING BORROWING COSTS, SOVEREIGN RISKS AND CONTAGION PRESSURES.

HIGHER THAN ANTICIPATED GROSS BORROWING NEEDS OF OECD GOVERNMENTS ARE EXPECTED TO REACH 10.4 TRILLION IN 2011 AND USD 10.5 TRILLION IN 2012, INCLUDING A STRONG INCREASE IN LONG-TERM REDEMPTIONS IN 2012.

FOR MORE INFORMATION, PLEASE READ : www.oecd.org/daf/fmt

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