TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BRADY BOND [1 record]

Record 1 1998-06-03

English

Subject field(s)
  • Loans
DEF

Bond created when existing developing country debt is concerted into new debt. The new bond has a smaller face value or a lower nominal interest rate than the original bond but may be enhanced through, for example, collateralization of principal and/or part of the interest payments.

French

Domaine(s)
  • Prêts et emprunts

Spanish

Campo(s) temático(s)
  • Préstamos
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