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CodeDT.GPA.PRVT
Indicator NameAverage grace period on new external debt commitments, private (years)
Short definitionGrace period is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. To obtain the average, the grace periods 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.
Long definitionGrace period is the period from the date of signature of the loan or the issue of the financial instrument to the first repayment of principal. To obtain the average, the grace periods 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.
SourceWorld Bank, International Debt Statistics.
TopicEconomic Policy & Debt: External debt: Terms
DatasetInternational Debt Statistics
PeriodicityAnnual
Aggregation methodWeighted average
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