debt swap


Also found in: Financial.
Related to debt swap: Debt Equity Swap

debt swap

n
(Banking & Finance) See swap4
Translations
échange de créances
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References in periodicals archive ?
Egypt and the US had also held negotiations on USD 450 million in aid to Egypt, to be included in a mutual debt swap program.
Investors holding Greek bonds issued under international law have until March 23 to accept or reject a debt swap offer already widely accepted by those holding Greek-law bonds.
Argentina : Argentina on Friday offered two New York hedge funds the same conditions for repayment of its debt that had been presented in a 2010 debt swap.
Dijsselbloem said the Eurogroup welcomed the voluntary debt swap application of Cypriot government bond total nominal value of EUR 1 billion and maturing in the period of economic adjustment program.
Cyprus is said to be looking to initiate talks on a possible debt swap arrangement that could lessen the strain on the country's largest lender.
The German debt swap agreement, valued at e1/430m, was signed in December 2005, with 50% allocated to support the national budget.
About the Green Trade Project, Bassiouny said it is devised within the framework of a debt swap program between Egypt and Italy, aims at backing Egyptian potentials in exporting fresh agricultural crops to the EU states through collaboration with Italy and developing the transport logistics system.
Yanis Varoufakis said Draghi, president of the European Central Bank, cannot risk irritating Germany with such a debt swap because of Berlin's objection to his bond-buying programme.
If the deal succeeds, the consortium would offer a debt swap to the bad bank`s debtholders, excluding those with EUR 1 billion worth of debt, as they are backed by a guarantee of the Austrian government.
Therefore, additional RRR and interest rate cuts as well as an expanded local government debt swap plan and more fiscal stimulus measures can all be expected during the second half of the year.
The e1/4165m deal is part of a debt swap agreement initially stalled by German Chancellor Angela Merkel
Popular was hurt by writedowns resulting from a sovereign debt swap this year to reduce Greece's debt mountain.