BOLIVIA  Debt treatment -      December 15, 1995

Amounts treated

$881 million

Categories of debt treated

Treatment of the stock as of December 31, 1995

Repayment profile

Treatment under Naples terms (cancellation rate of 67%)

  • repayment of non ODA credits over 23 years, with 6 years of grace, after cancellation to a rate of 67%
  • repayment of ODA credits over 40 years with 16 years of grace

Specific provisions

Possibility to conduct debt swaps

Pullback clause

De minimis threshold of 2,000,000 SDR

Payment of non-consolidated amounts before March 31, 1996

Comparability of treatment provision

yes

Cut-off date

December 31, 1985

Organisation of the session

The meeting was chaired by Mr. Francis Mayer, Co-Chairman of the Paris Club.

The head of the debtor country's delegation was Mr. Fernando Candia, Minister of Finance.

Participating creditors
  • AUSTRIA
  • BELGIUM
  • DENMARK
  • FRANCE
  • GERMANY
  • JAPAN
  • NETHERLANDS
  • UNITED KINGDOM
  • UNITED STATES OF AMERICA
Observers
  • BRAZIL
  • ITALY
  • NORWAY
  • SPAIN
  • IMF
  • OECD
  • UNCTAD
  • World Bank