The figures for state and local debt are scary too.

联邦州和地方债务的数字也是很可怕的。

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In Mexico a quarter of the long-dated local debt is held by foreigners.

在墨西哥四分之一长期本地债券由外国人所有。

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Domestic savings pools have deepened over the past decade to absorb the supply of local debt issues.

国内储蓄在过去十年增加了并消化了国内债务的供给。

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Other notable entrants are WisdomTree Emerging Markets Local Debt (ELD) and Cambria Global Tactical (GTAA) .

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That maturity has a lot of countries issueing more local debt than sovereign debt.

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ING, for instance, wants to sell local debt instruments, like Brazilian treasury bills, to foreign investors.

ECONOMIST: Investment banking