PREFERRED TERM
DT.DSB.DPPG.CDdebt buyback current us dollar_wdi
DEFINITION
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Debt buyback is the repurchase by a debtor of its own debt, discounted or at par. In the event of a buyback of long-term debt, the face value of the debt bought back will be recorded as a decline in the long-term debt stock, and the cash amount received by creditors will be recorded as a principal repayment. Data are in current U.S. dollars.
BROADER CONCEPT
SCOPE NOTE
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World Bank, International Debt Statistics.
CONTRIBUTOR
URI
http://joinedupdata.org/Indicators/wdi/debt-buyback-current-us-dollar_wdi