Public debt: Difference between revisions
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imported>Doug Williamson (Create page. Sources: MMFR https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32017R1131&from=EN and The Balance webpage https://www.thebalance.com/what-is-the-public-debt-3306294) |
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Revision as of 11:09, 7 August 2019
1. Money Market Funds Regulation (MMFR).
For the purposes of the MMFR, public debt includes direct obligations of national, regional and local governments, and certain transnational organisations, together with instruments guaranteed by these bodies.
2.
In other contexts, public debt may be defined more narrowly, for example the direct obligations of the national government only.
