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Sit down with all your statements and list each debt, interest rate, payment period and minimum payment.
Thanks to the Fed's price fixing, our interest rate payment is about $200 billion, or just above an average rate of 2%.
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That reduced Italy's huge interest rate payments and helped bring down the deficit even more.
The yields - or interest rate payments - were at similar levels to recent auctions.
The banks will also have to meet heavy interest rate payments on the preference shares being bought by the government which carry a coupon of 12%.
He reiterated that Italy was on course to reach a balanced budget by 2013, with a primary surplus, excluding interest rate payments, of 5 percent.
The de la Rúa government had already cut interest rate payments on domestically held bonds and had failed to pay any interest on several bonds in its final days in office.
The returns have plunged in the last 12 months because more investors are fighting for access to the bonds, which allows companies to reduce the interest rate payments that they offer to bondholders.
Aid inflows have slowed just when foreign investment has begun to falter, while profit remittances and interest rate payments abroad have risen, making LDCs "particularly vulnerable" to any reversal in the commodity price boom.
Investors in CoCo bonds would therefore bear the losses, but in return for taking the risk, the interest rate payments are higher at up to 7% compared with normal senior bank debt which pays around 1%. CoCos are among the riskiest bank debt, with Fitch giving only a quarter of eurozone CoCos an investment grade rating.
A one per cent cut could save Ireland an estimated €400m a year in interest rate payments but efforts to secure a new deal continued to be blocked by Germany and France who want Ireland to raise its low 12.5% corporate tax as a quid pro quo.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com