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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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Countries with larger economies, including Ecuador and Sri Lanka, have made similar debt swap proposals,

From New York Times • Nov. 7, 2022

Argentina lawmakers said that Economy Minister Axel Kicillof didn't elaborate on the possibility of a debt swap in a briefing on Wednesday, suggesting the government was focusing its efforts on debt talks.

From Reuters • Jun. 20, 2014

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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