12/8/2016
The Treasury Will Make a Foreign Debt Payment of $ 11.3 Billion in 2017 from the Central Administration Budget
According to the Central Administration Foreign Debt Payment Projections, the Treasury will make a foreign debt payment of $ 9.8 billion in total within the 11-month period between December 2016 and October 2017. The highest level of debt services will be realized in February at an amount of $ 2 billion and in July at an amount of $ 2.7 billion
The foreign debt payment projections of the Treasury are also included in the Public Debt Management Report published by the Under-Secretariat of Treasury dated as November 2016. According to the report, the Treasury will make a foreign debt payment of $ 11.3 billion in 2017, with a breakdown of $ 7.4 billion as principal payments and $ 3.9 billion as interest payments. The monthly foreign debt payments until October 2017 are listed in foreign debt payment projections. The Treasury will accordingly realize a foreign debt service of $ 9 billion 833 million within the 11-month period between December 2016 and October 2017. $ 8 billion 158 million of this amount will consist of principal payments and $ 3 billion 678 million will consist of interest payments. The highest level of debt payments will be made in February and in July 2017. A principal payment of $ 1 billion 671 million will be made in February 2017 with an interest payment of $ 399 million totaling to a foreign debt payment of $ 2 billion 69 million. Also, a principal payment of $ 2 billion 145 million will be made in July 2017 with an interest payment of $ 285 million totaling to a foreign debt payment of $ 2 billion 700 million. Foreign debt payments of the Treasury in the other months will be as follows: $ 346 million in December 2016, $ 448 million in January 2017, $ 825 million in March 2017, $ 481 million in April, $ 468 million in May, $ 341 million in June, $ 520 million in August, $ 1 billion 198 million in September and $ 437 million in October.
Annual Report
