An outright cancellation of all current and future external debt and equity obligations of a borrower. This constitutes a borrower's...

A financial transaction in which a multinational company (MNC) buys the debt of a country from its original creditor at...

A complete default on debt repayment and service by a debtor nation. This constitutes an outright cancellation of all current...

It stands for collateralized debt obligation; an investment-grade bond that is backed by a pool of variously-rated debt obligations including...

It stands for cheapest to deliver; a procedure which is used to find out which debt instrument (government bonds, corporate...

A procedure which is used to find out which debt instrument (government bonds, corporate bonds, etc) is most rewarding (cheapest)...

An investment-grade bond that is backed by a pool of variously-rated debt obligations including government and corporate bonds, loans, and...

A type of corporate debt whereby the collateral value is below standard requirements (usually lower than 30% of the company’s...

The transfer (assignment/ hawala) of debt from one party (the debt transferor, or muheel) to another (the payer, debt obligor...

A type of sukuk in which the underlying is in the form of debt (receivables, loans, etc.). An example of...