Pregled bibliografske jedinice broj: 784870
The cost of government borrowing and yields on Croatian government bonds
The cost of government borrowing and yields on Croatian government bonds // Newsletter (Institute of Public Finance), 15 (2013), 83; 1-11 doi:10.3326/nle.2013.83 (nije recenziran, popularan rad, ostalo)
CROSBI ID: 784870 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The cost of government borrowing and yields on Croatian government bonds
Autori
Bajo, Anto ; Primorac, Marko
Izvornik
Newsletter (Institute of Public Finance) (1333-4417) 15
(2013), 83;
1-11
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, popularan rad, ostalo
Ključne riječi
borrowing costs ; government bond yields ; Croatia
Sažetak
The new borrowing of the Croatian government in 2013 has mainly been used for paying off the existing debt principal and interest. Receipts from borrowing have not been used for capital investment financing for quite a long time. High expenses for debt principal and interest repayment are due to huge budget deficits which increase credit risk and, consequently, raise borrowing costs and yields on government bonds. Reducing the deficit and public debt by 2016 is not included in the current government's fiscal consolidation plans, which could lead to further growth in yields on new government bond issues.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Ekonomski fakultet, Zagreb,
Institut za javne financije, Zagreb