Bloomberg reported that the value of bills, notes and bonds coming due for the Group-of-Seven nations along with Brazil, China, India and Russia will total $7.1 trillion in 2016, compared to $7 trillion in 2015.

Bloomberg noted that the in the U.S., which is in more debt than any other nation, there will be a 14% increase in government securities coming due compared to last year.

In addition, Bloomberg said that budget deficits will shrink to an average of 2.4% of gross domestic product in 2016, down from 2.6% in 2015.