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Debt swap

• A set of transactions (also called a debt-equity swap) 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.

 
 

Follow this link for all the terms related to debtswap.

 
 Embedded terms in definition
 Currency
Debt
Discount
Equity swap
Equity
Firm
Local
 
 Related Terms
 

<< Debt service parity approach Debt to capital ratio >>

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