Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Buhari had urged the legislature to approve the request, noting that failure to pass the document would cost the government about N1.8tn in additional interest payment in 2023.
Source: https://punchng.com/nassembly-to-okay-n22-7tn-debt-restructuring-tuesday/
For example, the monthly principal and interest payment on a $200,000, 3%, 30-year fixed-rate mortgage – which could have been secured in 2021 – is about $843.21.
Source: https://www.sandiegometro.com/2023/11/the-housing-market-its-nuts-to-sell-right-now/
Nigeria is currently battling with about N87tn debt, which the International Monetary Fund said was “manageable,” but noted that the interest payment was high for the country.
Source: https://punchng.com/fg-in-talks-with-wbank-for-1-5bn-budget-support-loan-edun/
The interest payment — the cost just to carry the current debt, not to pay it off — is more than one billion dollars per day.
Source: https://patriotpost.us/articles/94616-bumping-our-heads-2023-02-02
The lower level of cash interest is primarily driven by the timing of the first interest payment on the new bonds, which is set for October 15, 2023.
The same party who now have given us a 50 billion dollar a year interest payment on our debt.
Source: https://themeafordindependent.ca/nobody-tells-the-truth/
This could occur via the disclosure of a covenant-breaking action, such as fraud, an inability to refinance before an upcoming maturity wall, or an inability to fulfill an interest payment on an existing debt.
Total debt is now more than $33 trillion, the deficit is over 7% of gross domestic product, and this year’s net interest payment on the debt will probably be over $650 billion — which is not far off from defense spending.