Question

classification of public debt​

Answer 1

Answer:

, Classification and Method of Redemption On the criteria of purposes of loans, public debt may be classified as productive or reproductive and unproductive or deadweight debt. Public debt is productive when it is used in income-earning enterprises. ... A productive debt creates sufficient assets by which it is eventually repaid.

Answer 2

Answer:

Forms of public debt can be classified in a number of different ways:

(1) according to maturity, as short-term (maturing in less than five years, often in a matter of weeks) or long-term (maturing in more than five years, up to an indefinite period)

(2) by type of issuer, as direct obligations (issued and backed by the government), contingent obligations (issued typically by a governmental corporation or other quasi-governmental body but guaranteed by the government)

(3) by location of the debt, as internal (held within the government’s jurisdiction) or external (held by a foreign jurisdiction)

(4) according to marketability, as negotiable securities (marketable) or nonnegotiable securities