Interest servicing costs for CAD's (1 Viewer)

[azza_3761]

Does anyone know the value of or the GDP percentage of the amount of funds that are required to repay our foreign debt?

Thanx

 

[mattchan]

It's like 50% or so of GDP isnt it? Higher i think

EDIT: From Leading Edge it says 51.1%

 

[azza_3761]

Yea i know the foreign debt is 51.1% of GDP but how much interest is required to be repaid on the principle per year?

 

[Rafy]

Its not one fixed interest rate on the entire amount. The debt is owed by thouands of entities, who each pay varing amounts of interest.

 

[azza_3761]

oh ok thanx