Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,784,710 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Debt swap
(redirected from debt swaps)

   Also found in: Dictionary/thesaurus 0.01 sec.
Debt swap
A set of transactions in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity. Also called a debt-equity swap.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
All debt swaps were implemented at a discount rate of 50 percent.
A Brief History of Debt Swaps Although the type of debt exchange under discussion involves bonds selling at a premium, it is important to appreciate that the events leading up to it involved discount, rather than premium, bonds.
Although it is not a panacea for the country's debt burden - estimated at over five billion dollars - the debt swaps have provided Madagascar with the resources with which to fund conservation programmes.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.