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REFINANCING

Statistics Directorate    
Definition:
Refinancing refers to the extension of a new loan to enable the repayment of all or part of the amounts outstanding on earlier borrowing, possibly including amounts not yet due.

Source Publication:
External Debt: Definition, Statistical Coverage and Methodology, A Report by an International Working Group on External Debt Statistics of the World Bank, IMF, BIS, OECD, OECD, Paris, 1988, Glossary.

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Tuesday, November 20, 2001