sovereign debt restructuring
Sovereign debt restructuring refers to the process by which a government with excessive debt burdens renegotiates the terms of its debt obligations with its creditors to alleviate financial strain and avoid default. This typically involves modifying the interest rates, extending the repayment periods, or reducing the principal amount of the debt.
Requires login.
Related Concepts (1)
Similar Concepts
- corporate debt restructuring
- corporate restructuring
- cross-border debt restructuring
- debt reduction
- debt rescheduling
- debt restructuring agreement
- financial restructuring
- loan restructuring
- restructuring
- sovereign bonds
- sovereign credit rating
- sovereign debt
- sovereign debt burden
- sovereign debt crisis
- tax restructuring