Armenia External Debt: Short Term: % of GDP
2000 - 2023 | Yearly | % | CEIC Data
Key information about Armenia External Debt: Short Term: % of GDP
- Armenia External Debt: Short Term accounted for 12.9 % of the country's Nominal GDP in 2023, compared with the ratio of 16.6 % in the previous year.
- Armenia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2000 to 2023.
- The data reached an all-time high of 19.1 % in 2000 and a record low of 4.5 % in 2008.
CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Monetary Authorities, Banks and Other Sectors. The Central Bank of Armenia provides Short Term External Debt in USD. The Statistical Committee of the Republic of Armenia provides Nominal GDP in local currency based on SNA 2008. The Central Bank of Armenia average market exchange rate is used for currency conversions. Short Term External Debt as % of Nominal GDP prior to 2012 is calculated from Nominal GDP based on SNA 1993.
Related information about Armenia External Debt: Short Term: % of GDP
- In the latest reports of Armenia, Current Account recorded a deficit of 297.3 USD mn in Mar 2024.
- Foreign Direct Investment (FDI) increased by 34.5 USD mn in Mar 2024.
- Armenia Direct Investment Abroad expanded by 18.9 USD mn in Mar 2024.
- Its Foreign Portfolio Investment increased by 73.7 USD mn in Mar 2024.
- Armenia External Debt: Short Term value stood at 3.5 USD bn in Dec 2023.
- The country's Nominal GDP was reported at 4.6 USD bn in Mar 2023.
View Armenia's External Debt: Short Term: % of GDP from 2000 to 2023 in the chart:
What was Armenia's External Debt: Short Term: % of GDP in 2023?
Armenia External Debt: Short Term accounted for 12.9 % of the country's Nominal GDP in 2023, compared with the ratio of 16.6 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 12.9 2023 | 16.6 2022 | 4.5 2008 | 19.1 2000 | % | yearly | 2000 - 2023 |
External Debt: Short Term: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.0 2023 | yearly | 1991 - 2023 |
| Algeria (%) | 0.8 2023 | yearly | 1977 - 2023 |
| Argentina (%) | 16.5 2023 | yearly | 2003 - 2023 |
| Armenia (%) | 12.9 2023 | yearly | 2000 - 2023 |
| Australia (%) | 23.0 2023 | yearly | 1988 - 2023 |
| Austria (%) | 47.8 2023 | yearly | 1997 - 2023 |
| Azerbaijan (%) | 0.6 2022 | yearly | 1993 - 2022 |
| Bangladesh (%) | 3.1 2024 | yearly | 2012 - 2024 |
| Belarus (%) | 14.5 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Belgium (%) | 93.7 2023 | yearly | 2007 - 2023 |
| Bolivia (%) | 0.0 2019 | yearly | 2000 - 2019 |
| Bosnia and Herzegovina (%) | 11.4 2021 | yearly | 1999 - 2021 |
| Botswana (%) | 0.8 2021 | yearly | 1994 - 2021 |
| Brazil (%) | 3.7 2023 | yearly | 1999 - 2023 |
| Bulgaria (%) | 8.9 2023 | yearly | 1999 - 2023 |
| Canada (%) | 58.9 2023 | yearly | 1990 - 2023 |
| Chile (%) | 7.3 2023 | yearly | 1971 - 2023 |
| China (%) | 7.7 2023 | yearly | 1985 - 2023 |
| Colombia (%) | 8.6 2023 | yearly | 1970 - 2023 |
| Croatia (%) | 20.4 2022 | yearly | 1999 - 2022 |
| Cyprus (%) | 197.5 2023 | yearly | 2008 - 2023 |
| Czech Republic (%) | 31.5 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 58.5 2023 | yearly | 2005 - 2023 |
| Ecuador (%) | 1.5 2023 | yearly | 1970 - 2023 |
| Egypt (%) | 7.1 2023 | yearly | 1990 - 2023 |
| Estonia (%) | 26.2 2023 | yearly | 1996 - 2023 |
| Finland (%) | 90.4 2023 | yearly | 1991 - 2023 |
| France (%) | 109.7 2023 | yearly | 2004 - 2023 |
| Georgia (%) | 13.7 2023 | yearly | 2006 - 2023 |
| Germany (%) | 55.6 2023 | yearly | 2004 - 2023 |
| Greece (%) | 79.9 2023 | yearly | 2003 - 2023 |
| Hong Kong SAR, China (%) | 300.3 2023 | yearly | 2001 - 2023 |
| Hungary (%) | 14.4 2023 | yearly | 1995 - 2023 |
| Iceland (%) | 8.9 2023 | yearly | 1989 - 2023 |
| India (%) | 3.6 2024 | yearly | 1990 - 2024 |
| Indonesia (%) | 3.8 2023 | yearly | 2003 - 2023 |
| Iran (%) | 0.1 2023 | yearly | 1994 - 2023 |
| Ireland (%) | 211.3 2023 | yearly | 2002 - 2023 |
| Israel (%) | 9.1 2023 | yearly | 2000 - 2023 |
| Italy (%) | 59.6 2022 | yearly | 2002 - 2022 |
| Ivory Coast (%) | 2.4 2022 | yearly | 1970 - 2022 |
| Japan (%) | 77.7 2023 | yearly | 2003 - 2023 |
| Jordan (%) | 33.4 2023 | yearly | 2000 - 2023 |
| Kazakhstan (%) | 7.4 2023 | yearly | 1992 - 2023 |
| Kenya (%) | 2.2 2022 | yearly | 1996 - 2022 |
| South Korea (%) | 7.7 2023 | yearly | 1994 - 2023 |
| Kosovo (%) | 13.5 2023 | yearly | 2007 - 2023 |
| Kyrgyzstan (%) | 8.0 2023 | yearly | 2003 - 2023 |
| Latvia (%) | 47.4 2023 | yearly | 2000 - 2023 |
| Lithuania (%) | 33.7 2023 | yearly | 2004 - 2023 |
| Luxembourg (%) | 1,146.4 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 23.6 2022 | yearly | 2004 - 2022 |
| Malawi (%) | 0.6 2019 | yearly | 2002 - 2019 |
| Malaysia (%) | 28.5 2023 | yearly | 2009 - 2023 |
| Malta (%) | 163.0 2023 | yearly | 2004 - 2023 |
| Mauritius (%) | 63.0 2023 | yearly | 2009 - 2023 |
| Mexico (%) | 3.4 2023 | yearly | 2002 - 2023 |
| Moldova (%) | 16.2 2023 | yearly | 2000 - 2023 |
| Mongolia (%) | 9.3 2023 | yearly | 1992 - 2023 |
| Montenegro (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Morocco (%) | 7.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 4.2 2022 | yearly | 1984 - 2022 |
| Myanmar (%) | 0.1 2020 | yearly | 2018 - 2020 |
| Netherlands (%) | 153.3 2023 | yearly | 2003 - 2023 |
| New Zealand (%) | 29.9 2023 | yearly | 2000 - 2023 |
| Nigeria (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Norway (%) | 51.9 2022 | yearly | 2012 - 2022 |
| Pakistan (%) | 0.9 2023 | yearly | 2006 - 2023 |
| Palestinian Territory (%) | 3.7 2023 | yearly | 2012 - 2023 |
| Panama (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Paraguay (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Peru (%) | 4.3 2023 | yearly | 1980 - 2023 |
| Philippines (%) | 3.9 2023 | yearly | 2005 - 2023 |
| Poland (%) | 8.6 2023 | yearly | 2004 - 2023 |
| Portugal (%) | 60.5 2023 | yearly | 1996 - 2023 |
| Romania (%) | 14.3 2023 | yearly | 2004 - 2023 |
| Russia (%) | 4.5 2023 | yearly | 2001 - 2023 |
| Serbia (%) | 1.0 2023 | yearly | 2000 - 2023 |
| Singapore (%) | 254.2 2023 | yearly | 2003 - 2023 |
| Slovakia (%) | 42.9 2023 | yearly | 2006 - 2023 |
| Slovenia (%) | 32.4 2023 | yearly | 2001 - 2023 |
| South Africa (%) | 8.4 2023 | yearly | 1994 - 2023 |
| Spain (%) | 64.4 2023 | yearly | 2000 - 2023 |
| Sri Lanka (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 15.7 2021 | yearly | 1970 - 2021 |
| Sweden (%) | 56.5 2023 | yearly | 1997 - 2023 |
| Switzerland (%) | 115.5 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 25.3 2023 | yearly | 1999 - 2023 |
| Tajikistan (%) | 6.8 2022 | yearly | 1993 - 2022 |
| Thailand (%) | 15.8 2023 | yearly | 1980 - 2023 |
| Tunisia (%) | 32.0 2023 | yearly | 2002 - 2023 |
| Turkey (%) | 15.9 2023 | yearly | 1989 - 2023 |
| Ukraine (%) | 5.4 2023 | yearly | 2009 - 2023 |
| United Kingdom (%) | 195.8 2023 | yearly | 1979 - 2023 |
| United States (%) | 29.6 2023 | yearly | 2003 - 2023 |
| Uruguay (%) | 10.5 2023 | yearly | 1999 - 2023 |
| Venezuela (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Vietnam (%) | 9.3 2022 | yearly | 1985 - 2022 |
| Yemen (%) | 1.8 2017 | yearly | 1991 - 2017 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doArmenia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.0 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -68.388 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| Tax Revenue (USD mn) | 432.976 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| National Government Debt (USD mn) | 12,502.4 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Government Debt: % of GDP (%) | 48.5 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Forecast: Government Expenditure (AMD bn) | 4,374.501 2029 | yearly | 2005 - 2029 |
| Forecast: Government Net Debt (AMD bn) | 8,523.699 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (AMD bn) | 3,906.567 2029 | yearly | 1993 - 2029 |
| Consolidated Government Budget: Revenue and Grants (AMD mn) | 745,515.800 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Consolidated Government Budget: Balance (AMD mn) | 21,095.200 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 82,510.700 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 1,462,872.800 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: Expenditure: ytd (AMD mn) | 1,708,576.500 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: Balance: ytd (AMD mn) | -84,573.500 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 457,770.100 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: Revenue and Official Transfers: ytd (AMD mn) | 1,624,003.000 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: Deficit Financing: ytd (AMD mn) | 84,573.500 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: ytd: RT: Revenue: Tax, Government Duties & Compulsory Social Insur... (AMD mn) | 1,548,161.400 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 255,980.000 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| State Budget: ytd: RT: Revenue (AMD mn) | 1,616,995.800 Aug 2024 | monthly | Jan 2008 - Aug 2024 |
| Central Government Debt: Short Term (AMD bn) | 127.076 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Central Government Debt: Mid Term (AMD bn) | 787.021 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Central Government Debt: Long Term (AMD bn) | 3,607.654 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Central Government Debt (AMD bn) | 4,842.070 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Central Government Debt: External (AMD bn) | 2,438.511 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Central Government Debt: Domestic (AMD bn) | 2,403.559 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Central Government Debt: % Nominal GDP (%) | 46.700 2022 | yearly | 1999 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
| Trade Balance (USD mn) | -223.7 Sep 2024 | monthly | Nov 1995 - Sep 2024 |
| Total Exports (USD mn) | 857.1 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Exports Growth (%) | 41.2 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Aluminum: Exports (USD th) | 104,497.100 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 15,645.987 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 12,819.576 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,080.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Imports Growth (%) | 14.0 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Imports: Medicament (USD th) | 155,783.749 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 61,751.003 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 3.420 Aug 2024 | monthly | Jun 1996 - Aug 2024 |
| Total Imports from USA (USD mn) | 29.790 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Total Exports to China (USD mn) | 62.182 Aug 2024 | monthly | Dec 1998 - Aug 2024 |
| Total Imports from China (USD mn) | 161.481 Aug 2024 | monthly | Jun 1998 - Aug 2024 |
| Trade Balance: ytd (USD mn) | -2,527.000 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
| Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
| Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
| Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
| Exports: ow Bulgaria (USD mn) | 9.443 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Exports: ow China (USD mn) | 62.182 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Exports: ow Iran (USD mn) | 9.829 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Exports: ow Russian Federation (USD mn) | 274.956 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
| Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
| Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
| Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
| Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
| Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
| Imports: ow Iran (USD mn) | 58.886 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Imports: ow Russian Federation (USD mn) | 506.792 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Household Debt: % of GDP (%) | 27.1 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Non-Performing Loans (USD mn) | 441.540 Aug 2024 | monthly | Dec 2008 - Aug 2024 |
| Money Supply M1 (USD mn) | 5,372.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Money Supply M2 (USD mn) | 9,299.886 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| M2 Growth (%) | 15.1 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
| Foreign Exchange Reserves (USD mn) | 3,581.5 Oct 2024 | monthly | Dec 1993 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 13.592 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.3 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Gold Reserves (USD mn) | 0.000 Aug 2024 | monthly | Dec 1992 - Aug 2024 |
| Total Deposits (USD mn) | 15,389.484 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Deposits Growth (%) | 10.8 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Domestic Credit (USD mn) | 18,611.6 Aug 2024 | monthly | Dec 1993 - Aug 2024 |
| Domestic Credit Growth (%) | 21.8 Aug 2024 | monthly | Dec 1994 - Aug 2024 |
| Household Debt (USD mn) | 7,253.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Loans (USD mn) | 15,159.211 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Loans Growth (%) | 21.08 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 50.90 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Money Supply: M2X (AMD mn) | 5,469,875.977 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Money Supply: sa: M2 (AMD mn) | 3,603,985.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Money Supply: M2X: M2 (AMD mn) | 3,685,826.504 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Money Supply: M2X: M2: M1 (AMD mn) | 2,093,488.855 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Money Supply: sa: M1 (AMD mn) | 2,081,811.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Monetary Base: sa (AMD mn) | 1,829,771.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 802,077.782 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| International Reserves: USD (USD mn) | 3,590.759 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| International Reserves: USD: Gold (USD mn) | 0.000 Oct 2024 | monthly | Sep 2003 - Oct 2024 |
| Commercial Banks Loans: Residents: Consumer (AMD mn) | 1,287,588.923 Sep 2024 | monthly | Dec 2004 - Sep 2024 |
| Commercial Banks Loans: Residents: Mortgage (AMD mn) | 1,271,375.707 Sep 2024 | monthly | Apr 2005 - Sep 2024 |
| Commercial Banks Credit (AMD mn) | 5,871,010.938 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Business Climate Indicator: sa: Industry (%) | 53.719 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa: Construction (%) | 38.971 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa: Trade (%) | 57.637 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa: Services (%) | 51.136 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa (%) | 51.023 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
More Indicators for Armenia
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: Gross External Debt
BPM6: International Investment Position: Annual
Company Statistics
Current Account as % of GDP
External Debt: Arrears and Reschedulings
External Debt: Debt Outstanding, Debt Ratio and Debt Service
External Debt: Net Flows and Net Transfers
Investment Statistics
Balance of Payments: Capital and Financial Account
BPM6: Balance of Payments
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: International Investment Position
Businesses Registered Statistics
Construction Organizations Statistics
External Debt: Amortization
External Debt: Commitments and Currency Composition
External Debt: Disbursements and Interest Payment
External Debt: Terms and Undisbursed Debt