Definition: Laufende Schuld (literal translation: "ongoing liability") is a financial term used in the realm of capital markets, particularly in the world of bonds, loans, and similar financial instruments.

It refers to the outstanding debt amount that an individual or entity owes and is required to repay within a specific timeframe. In the context of bonds, laufende Schuld represents the principal amount or face value of a bond that is still unpaid, in addition to any accrued interest or coupon payments that are due in regular intervals until the bond's maturity date. This term is also used for loans, where it indicates the remaining balance and the regular installment payments that need to be made by the borrower. Investors closely monitor laufende Schuld as it gives them an insight into the creditworthiness and debt-servicing capabilities of an issuer or borrower. It serves as a pivotal indicator of financial health and repayment obligations. For investors in capital markets, understanding the concept of laufende Schuld is crucial as it helps in assessing the risk associated with an investment. A high level of outstanding debt may indicate greater financial strain and potential repayment difficulties for the issuer or borrower. Conversely, a low level of ongoing liabilities suggests better financial stability and credibility. In the world of money markets and cryptocurrencies, laufende Schuld pertains to the outstanding debt or financial obligation associated with short-term loans, commercial paper, or other debt instruments. It encompasses the amount that needs to be repaid within a fixed period, usually less than one year, along with any accrued interest. To conclude, the term laufende Schuld refers to the outstanding debt or financial obligation that an individual, entity, or issuer owes and is required to repay within a specific timeframe. By understanding and analyzing this element, investors can make informed decisions regarding investment opportunities while considering the associated risks and debt-servicing capabilities within the capital markets.