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The Nigeria national debt or simply national debt of Nigeria is the total amount of money that the Federal Government of Nigeria owes to its creditors, both domestic and external. The national debt is composed of two main components: debt held by the public and debt held by government accounts. Debt held by the public includes Treasury securities held by investors outside the federal government, such as individuals, corporations, the Central Bank of Nigeria, and foreign, state and local governments. Debt held by government accounts includes non-marketable Treasury securities held in accounts of programs administered by the federal government, such as the Nigeria Social Insurance Trust Fund. The national debt is measured as the face value of the outstanding Treasury securities at a given point in time.
References
- ↑ RBI. "India's External Debt as at the end of March 2022".
- ↑ m.rbi.org.in https://m.rbi.org.in//scripts/FS_PressRelease.aspx?prid=53948&fn=2759 . Retrieved 2023-05-29.
{{cite web}}: Missing or empty|title=(help) - ↑ RBI. "India's External Debt as at the end of March 2021".
- ↑ Department of Economic Affairs (March 2020). "India's External Debt- A Status Report 2019-20" (PDF). Ministry of Finance. Retrieved 2 April 2021.
- ↑ "Moody's upgrades India's government bond rating to Baa2 from Baa3; changes outlook to stable from positive". Moody's.com. 16 November 2017. Retrieved 12 April 2018.
