Professional Documents
Culture Documents
Debt Bulletin-Govt. of The Punjab
Debt Bulletin-Govt. of The Punjab
OF THE PUNJAB
As at Dec`2016.
DEBT STOCK
All amounts in Million
ID 1 191 0% 0% 100%
Assumptions:
LIBOR rate of 2nd Jan`17 is considered as base rate for LIBOR based loans.
Actual disbursements during July`16 to Dec`16 are added in debt stock as at Jun`16.
RISK INDICATORS
Interest Rate Risk Fixed rate debt (% of total) 77% Interest Rate Risk refers to the exposure of debt portfolio to changes in interest rate. A
number of measures can be used to assess exposure of debt portfolio to interest rate risk
e.g. share of Fixed Rate Debt, Average Time to Re-fixing and share of debt stock exposed
Avg. Time to Refixing Portfolio (years) 8.8 to interest rate re-fixing in one year. Average Time to Re-fixing (ATR) indicates the average
time after which the interest rate on the entire debt portfolio is reset. High ATR indicates
low risk as it implies that a relatively low share of the debt will require interest rates reset in
Debt Refixing in 1yr (% of total) 25.7% a short period of time
Punjab`s GSDP 11,865 13,340 14,571 15,687 53% of the Pakistan`s GDP
R E D E M P T IO N P R O FIL E ( P K R B IL L IO N )
External Debt Domestic Debt
20 21
19
18
17
14
10 11
7 7
5
4 3
3 2
0
0 2046
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 0 2047
0 2048
0 2049
0 2050
0
Note:
D E B T S E R VICIN G ( P K R B IL L IO N )
40 40
Principal, Interest PKR Billion
Note: Projection of debt servicing (Principal repayment + Interest payment) is based on outstanding total debt as at Dec`16.