Description of node <http://id.insee.fr/concepts/definition/c1091/definition/v2/en>

Subject Predicate Object
http://id.insee.fr/concepts/definition/c1091/definition/v2/en http://www.w3.org/1999/02/22-rdf-syntax-ns#type http://rdf-vocabulary.ddialliance.org/xkos#ExplanatoryNote
http://id.insee.fr/concepts/definition/c1091/definition/v2/en http://purl.org/pav/version 2
http://id.insee.fr/concepts/definition/c1091/definition/v2/en http://rdf-vocabulary.ddialliance.org/xkos#plainText Debt in the sense of Maastricht, or reported public debt, covers all general governments in the sense of the national accounts: the State, other government bodies (ODAC), local governments and social security administrations. Debt in the sense of Maastricht is calculated in the framework of the national accounts but it is defined in a specific way. It does not include all financial liabilities but only cash and deposits, securities other than shares which are Treasury bonds (BTF and BTAN), fungible Treasury bonds (OAT), Euro medium term notes (EMTN), as well as loans; excluded are derivative products and other accounts payable. It is a gross debt in the sense that we do not subtract from the liabilities the financial assets of general governments. It is consolidated: excluded therefore from the calculation of debt are the elements of a government's debt held by another government. That is the case for example of the deposits of general governments with the Treasury. Debt in the sense of Maastricht is evaluated in nominal value, that is, at the repayment value of the principal. As such, accrued interest not due or fluctuations in the prices of securities are not included in the evaluation of instruments, whereas the re-evaluation of the securities repayment value indexed to inflation (OATi, BTANi and CADESi) is taken into account.
http://id.insee.fr/concepts/definition/c1091/definition/v2/en http://purl.org/dc/terms/language en
http://id.insee.fr/concepts/definition/c1091/definition/v2/en http://eurovoc.europa.eu/schema#noteLiteral <div xmlns="http://www.w3.org/1999/xhtml"><p>Debt in the sense of Maastricht, or reported public debt, covers all general governments in the sense of the national accounts: the State, other government bodies (ODAC), local governments and social security administrations.</p><p>Debt in the sense of Maastricht is calculated in the framework of the national accounts but it is defined in a specific way. It does not include all financial liabilities but only cash and deposits, securities other than shares which are Treasury bonds (BTF and BTAN), fungible Treasury bonds (OAT), Euro medium term notes (EMTN), as well as loans; excluded are derivative products and other accounts payable.</p><p>It is a gross debt in the sense that we do not subtract from the liabilities the financial assets of general governments.</p><p>It is consolidated: excluded therefore from the calculation of debt are the elements of a government's debt held by another government. That is the case for example of the deposits of general governments with the Treasury.</p><p>Debt in the sense of Maastricht is evaluated in nominal value, that is, at the repayment value of the principal. As such, accrued interest not due or fluctuations in the prices of securities are not included in the evaluation of instruments, whereas the re-evaluation of the securities repayment value indexed to inflation (OATi, BTANi and CADESi) is taken into account.</p></div>
http://id.insee.fr/concepts/definition/c1091/definition/v2/en http://rdf.insee.fr/def/base#validUntil 2020-11-19T10:33:16.739
http://id.insee.fr/concepts/definition/c1091 http://www.w3.org/2004/02/skos/core#definition http://id.insee.fr/concepts/definition/c1091/definition/v2/en