External debt

In public finance, external debt (or foreign debt) is the component of the total government debt which is owed to foreign creditors; its complement is internal debt, which is owed to domestic lenders. The debtors can be the government, corporations or citizens of that country. The debt includes money owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank. Note that the use of gross-liability figures greatly distorts the ratio for countries which contain major money-centers, such as the United Kingdom due to London's role as a financial capital. (Contrast with net international investment position.)

The external debt is irrelevant to the underlying currency. The state debt is split between debt denominated in the national currency and debt denominated in any foreign currency.[1]:55