World leading economies to see drop in debt

The world's leading economies will have US$220 billion less sovereign debt to refinance this year, cutting supply after every major government bond market rallied for the first time since the 2008 financial crisis.

The amount of bills, notes and bonds coming due for the Group of Seven nations, Brazil, Russia, India and China will drop to US$7.38 trillion from US$7.6 trillion last year, according to data.

Japan, Britain, Germany, France, Italy and Brazil will see a decline, while the United States, Canada, Russia, India and China will face an increase.

via Business feed http://www.scmp.com/business/economy/article/1118444/world-leading-economies-see-drop-debt