The Federal Government Debt
The federal government debt comprises that debt issued or taken over
by the federal government, as well as the debt of other institutions -
such as the Fadels - whose debt service cost falls to the federal
government. The debt of the federated entities such as communities and
regions, of the local government and of the social security is not
included in the federal government debt. Debt guaranteed by the federal government is also excluded
if the government does not support the debt service cost.
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 Negotiable
debt
The negotiable debt consists of all public debt that is either traded
on an exchange or another market. It consists
mainly of
Linear bonds and Treasury Certificates.
This debt
accounts for most of the federal government debt. At the end of
December 2007, the Belgian negotiable debt represented 90.2% of the
federal debt.
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