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Explanation: Thanks for the sentence, which I think implies that the 'Last' here refers to the average timing of the repayments of all state debt, rather than the principal/interest repayment structure of particular loans (front- or front-end loading) ie something like:'…and therefore the burden of the repayment schedule is no longer so short term' or 'the repayment schedule/maturity structure is therefore no longer so weighted towards the short term'
But I may be completely wrong...
Kieran McCann United Kingdom Local time: 22:28 Specializes in field Native speaker of: English PRO pts in category: 305