Etymology & Historical Origin - Millicent. Millicent is a name adopted by the English from the Norman-French after the Conquest of 1066. Introduced as Milisende, the Old French (Frankish) form of the Germanic Amalswinthe, the name is ultimately derived from the elements âamalâ meaning âwork, laborâ and âswinthâ meaning âstrengthâ.
Debt Issue. What is a 'Debt Issue'. A debt issue is a fixed corporate or government obligation, such as a bond or debenture. A debt issue is a financial obligation that allows the issuer to raise funds by promising to repay the lender at a certain point in the future and in accordance with the terms of the contract.
1.1 Objectives. The main objective of public debt management is to ensure that the government's financing needs and its payment obligations are met at the lowest possible cost over the medium to long run, consistent with a prudent degree of risk.