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DEBT CONVERSION

Statistics Directorate    
Definition:
Debt conversion is the exchange of debt - typically at a substantial discount - for equity, or counterpart domestic currency funds to be used to finance a particular project or policy. Debt for equity, debt for nature and debt for development swaps are all examples of debt conversion.

Source Publication:
Development Assistance Committee (DCA) International Development Statistics – Handbook for Reporting Debt Reorganisation on the DAC Questionnaire.

Hyperlink:
http://www.oecd.org/dac/stats/11181711.pdf

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, June 10, 2013