{"id":10383,"date":"2009-04-17T00:00:00","date_gmt":"2009-04-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"liberia-buys-back-12bn-in-debt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/liberia-buys-back-12bn-in-debt.html","title":{"rendered":"Liberia buys back $1.2bn in debt"},"content":{"rendered":"<p>Moneybiz &#8211; Liberia has bought back $1.2-billion in government debt at a steep discount, the World <span class=\"country\">Bank<\/span>, which helped <span class=\"country\">finance <\/span>the buyback, said on Thursday. <\/p>\n<p>The impoverished African country has &quot;significantly reduced its foreign debt&quot; at a discount of nearly 97 percent of face <span class=\"country\">value<\/span>, &quot;the steepest ever negotiated on <span class=\"country\">developing country <\/span>commercial debt,&quot; the World Bank said. <\/p>\n<p>The multilateral development lender said the deal, capping two years of negotiation, was concluded with the payment of $38-million to retire 25 outstanding commercial claims. <\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.moneybiz.co.za\/africa\/africa.asp%3Fstory%3D5cdb70fe-6f35-4e92-ae5f-f32c57fc4869\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moneybiz &#8211; Liberia has bought back $1.2-billion in government debt at a steep discount, the World Bank, which helped finance the buyback, said on Thursday. The impoverished African country has &quot;significantly reduced its foreign debt&quot; at a discount of nearly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10497,10501,10495,10496,10498,10494,779,10500,10493,10499,8867,7179],"class_list":["post-10383","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-buyback","tag-commercial-claims","tag-commercial-debt","tag-developing-country","tag-face-value","tag-foreign-debt","tag-government-debt","tag-liberia","tag-multilateral-development","tag-negotiation","tag-steep-discount","tag-world-bank"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10383"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10383\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}