Argentina is on the verge of completing one of the largest sovereign debt restructurings in history. Argentina is seeking to restructure about $82 billion in bonds, plus $21 billion or so in past due ...

Lazard—the leading sovereign debt advisory firm in the world right now—makes an interesting point in their recent white paper on debt issues, namely that in practice, emerging market bond holders aren ...

Sri Lanka will not face another sovereign debt crisis and will commence repayment of its restructured external debt as scheduled, Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe ...

Central Bank Governor Dr. Nandalal Weerasinghe recently told a breakfast meeting hosted by Sri Lanka-Germany Business Council of the Ceylon Chamber of Commerce that there were no basis for concerns ...

Reconstruction funding for a devastated region must be paired with fundamental governance reform. The world has long marveled at the Brady bonds’ ability to turn near-certain defaults into structured, ...

RECENT DEVELOPMENTS in Argentina, Ecuador and elsewhere once again have brought to the fore concerns regarding the ability of creditors of sovereign states and their agencies to recover on the ...

Heads of state from the world’s most powerful countries gathered in Johannesburg, South Africa, over the weekend for a summit that had been billed, under South Africa’s G20 presidency, as a turning ...

The restructuring of Ukraine’s debt after Russia’s invasion, crucial for the nation’s defence and future economic stability, was hammered out under intense scrutiny. For its role on that landmark deal ...