Glossary entry

English term or phrase:

government bonds outstanding

Greek translation:

τα κρατικά ομόλογα (που βρίσκονται) σε κυκλοφορία

Added to glossary by nadia grigoriadou
Sep 19, 2013 13:05
10 yrs ago
English term

government bonds outstanding

English to Greek Bus/Financial Economics Βιβλίο Μακροοικονομικής
At the beginning of year one, there is no government debt outstanding. The government runs a $100 billion deficit in year one. Interest at a nominal rate of 10% must be paid starting in year two. Assume nominal GDP in year one is $2000 billion and the nominal growth rate of GDP is 4%. Assume the government balances its primary budget in the future and the interest rate and growth rate do not change.
(a) What will be the government deficit in years two, three, four, and five?
(b) What will be the value of government bonds outstanding at the end of the fifth year?
(c) What will be the debt-GDP ratio at the end of year five?

Thanks in advance!!

Proposed translations

+3
42 mins
Selected

τα κρατικά ομόλογα (που βρίσκονται) σε κυκλοφορία

Δηλαδή στα χέρια ομολογιούχων, άρα είναι ανεξόφλητα και αποτελούν χρέος του κράτους.
Peer comment(s):

agree Ellen Kraus : ναι, κυκλοφορούντα κρατικά ομόλογα
5 hrs
agree Nadia-Anastasia Fahmi : κρατικά ομόλογα σε κυκλοφορία. Καλημέρα!
15 hrs
agree Vasso Angeletou
16 hrs
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4 KudoZ points awarded for this answer. Comment: "Ευχαριστώ πολύ!!"
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