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单词 Brady bond
释义

Definition of Brady bond in US English:

Brady bond

noun
  • A restructured commercial bank loan to poor countries, denominated in US dollars.

    Example sentencesExamples
    • General government debt has fallen fast, and this decline was further accelerated by the weaker US dollar and buy-backs of Brady bonds in 2004 and 2005.
    • The Government bought back $937.5 million in Brady bonds on January 28, slashing part of its debt to foreign creditor banks seven years in advance.
    • In March, the Government suggested that investors exchange Brady bonds for new Eurobonds, denominated in dollars or euro, or buy Eurobonds for cash.
    • Bulgaria's debt deal, which includes the swop of $800 million worth of Brady bonds into dollar-denominated eurobonds maturing in 2015, was approved by Parliament last Wednesday.
    • Part of the banks' original principal would be written off and the remainder would be paid by the issue of new 30-year bonds called Brady bonds.

Definition of Brady bond in US English:

Brady bond

noun
  • A restructured commercial bank loan to poor countries, denominated in US dollars.

    Example sentencesExamples
    • Part of the banks' original principal would be written off and the remainder would be paid by the issue of new 30-year bonds called Brady bonds.
    • Bulgaria's debt deal, which includes the swop of $800 million worth of Brady bonds into dollar-denominated eurobonds maturing in 2015, was approved by Parliament last Wednesday.
    • In March, the Government suggested that investors exchange Brady bonds for new Eurobonds, denominated in dollars or euro, or buy Eurobonds for cash.
    • General government debt has fallen fast, and this decline was further accelerated by the weaker US dollar and buy-backs of Brady bonds in 2004 and 2005.
    • The Government bought back $937.5 million in Brady bonds on January 28, slashing part of its debt to foreign creditor banks seven years in advance.
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更新时间:2024/11/11 5:26:09