Sentences with phrase «maturing long term debt»

Not exact matches

The President further explained that in addition to the implementation of the approved external borrowing plan and in order to reduce debt service levels and lengthen the tenor profile of the debt stock, the Federal Government sought to substitute maturing domestic debts with less expensive long - term external debts.

Long - term debt refers to fixed income securities set to mature more than 10 years from the issue or purchase date.

«They had a construction loan that was maturing and wanted to retire it with long - term, fixed rate debt.»