TERMIUM Plus®

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CONVERSION DEUDAS DIVISAS DEUDAS MONEDA NACIONAL [1 record]

Record 1 1998-02-16

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

Issue by the central bank of a local currency debt obligation in exchange for a foreign debt claim. Domestic residents can thus buy their own country's debt in the secondary market, using expatriated capital or foreign currency acquired in the parallel market.

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
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