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Debt treatment -
July 22, 1992

Amounts treated

$2 700 million

Categories of debt treated

Treatment of maturities falling due from July 01, 1992 up to March 31, 1995

Repayment profile

Treatment under Classic terms

Specific provisions

Good will clause

Free transferability provision

Phases

  • First phase : From July 01, 1992 up to June 30, 1993, implemented at the signature of the agreement
  • Second phase : From July 01, 1993 up to June 30, 1994, implemented on January 13, 1994
  • Third phase : From July 01, 1994 up to March 31, 1995, implemented on August 09, 1994

De minimis threshold of 1 000 000 SDR

Comparability of treatment provision

yes

Cut-off date

December 10, 1983

Organisation of the session

The meeting was chaired by M. Jean-Claude Trichet, Chairman of the Paris Club.

The head of the debtor country's delegation was M. Horacio Tomas Liendo, Undersecretary of Financial Affairs at the Ministry of Economy and Public Works.

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