debt swap
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Though the debt swap is technically voluntary rather than a forced restructuring, the agency - and indeed the markets - still appear to view it as a distressed event.
From Reuters ● Mar. 10, 2023
In Belize, the debt swap deal has allowed the government to slash its debt burden and pass the country’s largest ever budget this year, according to Christopher Coye, Belize’ finance minister.
From New York Times ● Nov. 7, 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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