Short- to medium-term securities issued in relation to government debt – such as treasury bills, medium-term bills, promissory bills – that have not yet been definitively placed on the capital market. In contrast, debt that has been definitively placed is called funded debt. – See deficit-debt adjustment. – See the current status of floating debt and funded debt in Germany in the statistical section of the Deutsche Bundesbank’s respective Monthly Report, heading “Öffentliche Finanzen in Deutschland,” subheading “Verschuldung der öffentlichen Haushalts” (there broken down by various characteristics) and, for the euro area, in the annex “Statistik des Euro-Währungsgebiets,” heading “Öffentliche Finanzen,” subheading “Verschuldung” in the ECB’s respective Monthly Report, Deutsche Bundesbank’s October 2006 Monthly Report, pp. 29 et seq. (basic explanations also on the maturity of government debt instruments).
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