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debt swap

   Also found in: Financial 0.01 sec.
debt swap
n
(Economics, Accounting & Finance / Banking & Finance) See swap [4]


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He informed that Italy has converted its $ 100 million loan for Pakistan through debt swap some time back and $ 10 million has been allocated from that amount for this project: pointing out that Italian manufacturer of self-destructive syringes had been identified and now his government is looking for Pakistani partner for this joint venture.
5bn debt swap Both banks will raise mortgage and business lending by pounds 39bn WHAT IT MEANS TO YOU: PAGE 37
Under a ministry proposal, the non-performing debt of the 150 state companies would be cleared through a debt swap for real estate they hold, Mohieldin said.
 
 
 
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