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debt swap

British  

noun

  1. See swap

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Ofori-Atta said the government wanted to minimise the impact of the debt swap on small investors so would not apply the terms to Treasury bills or to holders of individual bonds.

From Reuters Dec. 4, 2022

Mr. Nasheed said he believed focusing on a debt swap could bypass contentious debates over creating a new international fund for reparations.

From New York Times Oct. 14, 2022

Athens is also expected to inform the euro zone ministers of a planned debt swap deal with private lenders, which should slash 100 billion euros from Greece’s massive debt burden.

From Salon Jun. 25, 2012

The yield on bonds issued by Greece after its debt swap, which mature in 2023, has just risen above 30%.

From The Guardian May 16, 2012

In 2005, the country persuaded 76% of creditors to accept a debt swap that reduced the value of their bond holdings by nearly two-thirds.

From BBC May 9, 2012

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