Fund Support for Debt- and Debt-Service-Reduction Operations.

The note concludes that the Fund could support a member's use of buybacks, cash sweeteners, or collateral in the context of a Fund-supported program, provided that (i) debt restructurings using buybacks, cash sweeteners or collateral offer significant efficiency gains relative to debt restructu...

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Online Access: Full Text (via IMF e-Library)
Corporate Author: International Monetary Fund. Legal Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:Policy Papers; Policy Paper ; No. 2021/018.

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