Montenegro - Average maturity on new external debt commitments

Average maturity on new external debt commitments (years)

The value for Average maturity on new external debt commitments (years) in Montenegro was 9.99 as of 2011. As the graph below shows, over the past 5 years this indicator reached a maximum value of 15.29 in 2007 and a minimum value of 8.73 in 2010.

Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity.

Source: World Bank, International Debt Statistics.

See also:

Year Value
2006 14.24
2007 15.29
2008 11.33
2009 8.75
2010 8.73
2011 9.99

Average maturity on new external debt commitments, official (years)

The value for Average maturity on new external debt commitments, official (years) in Montenegro was 15.18 as of 2011. As the graph below shows, over the past 5 years this indicator reached a maximum value of 15.71 in 2007 and a minimum value of 11.33 in 2008.

Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.

Source: World Bank, International Debt Statistics.

See also:

Year Value
2006 14.70
2007 15.71
2008 11.33
2009 14.45
2010 14.94
2011 15.18

Average maturity on new external debt commitments, private (years)

The value for Average maturity on new external debt commitments, private (years) in Montenegro was 5.00 as of 2011. As the graph below shows, over the past 5 years this indicator reached a maximum value of 13.08 in 2007 and a minimum value of 0.00 in 2008.

Definition: Maturity is the number of years to original maturity date, which is the sum of grace and repayment periods. Grace period for principal is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. The repayment period is the period from the first to last repayment of principal. To obtain the average, the maturity for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.

Source: World Bank, International Debt Statistics.

See also:

Year Value
2006 5.62
2007 13.08
2008 0.00
2009 4.95
2010 6.11
2011 5.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt