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3. Debt buyback (current US$)

Debt buyback (current US$)

Debt buyback is the repurchase by a debtor of its own debt, discounted or at par. In the event of a buyback of long-term debt, the face value of the debt bought back will be recorded as a decline in the long-term debt stock, and the cash amount received by creditors will be recorded as a principal repayment. Data are in current U.S. dollars.