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Issue: End-June, 2019 PUBLIC DEBT MANAGEMENT RISK REPORT

PUBLIC DEBT - RISK INDICATORS

Table-1: Risk Indicators

Domestic External Public
Indicative Ranges Debt Debt Debt
Risk Indicators
(MTDS 2015/16 - 2018/19)
End-June 2019

FX debt (% of total debt) 20% (minimum) and 35% * 34.8 *

FX Risk
ST FX debt maturity** (%
* * 158.7 *
of official liquid reserves)
Debt Re-fixing in 1yr 50% and 65% (maximum) - DD
64.9 36.1 54.9
(% of total) 40% and 55% (maximum) - PD
Fixed rate debt
Interest Rate Risk * 71.9 68.3 70.6
(% of total)
1.5 (minimum) and 2.5 - DD
ATR (years) 1.7 6.1 3.2
3.0 (minimum) and 4.5 - PD
Debt maturing in 1yr 50% and 65% (maximum) - DD
36.8 17.2 29.9
(% of total) 35% and 50% (maximum) - PD
Refinancing Risk
1.5 (minimum) and 2.5 - DD
ATM (years) 4.2 7.0 5.2
3.0 (minimum) and 4.5 - PD
Guarantees Stock
* 1,555
Contingent (Rs. in billion)
Liabilities New Issuance
* 1.27
(% of GDP)
* Not Applicable **also includes long term debt maturing within one-year DD: Domestic Debt PD: Public Debt

Fig-1: Redemption Profile of Public Debt Table-2: Currency Wise Composition of Public Debt
(Rs. in million) - As at end June 2019
10,000,000
Currencies Percentage
9,000,000

8,000,000
Pak Rupee 65.2
External Domestic
7,000,000

6,000,000 US Dollar 20.0

5,000,000

4,000,000 Special Drawing Right 8.9

3,000,000
Japanese Yen 3.9
2,000,000

1,000,000
Euro 1.9
0
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039

Total 100.0

Debt Policy Coordination Office, Ministry of Finance