Front Matter

Front Matter

Eduard Brau, R. Williams, Peter Keller, and M. Nowak
Published Date:
December 1983
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    Occasional Paper No. 25

    Recent Multilateral Debt Restructurings with Official and Bank Creditors

    By a Staff Team Headed by E. Brau and R.C. Williams, with P.M. Keller and M. Nowak

    International Monetary Fund

    Washington, D.C.

    December 1983

    International Standard Serial Number: ISSN 0251-6365

    Reprinted August 1985

    Price: US$5.00

    (US$3.00 to university libraries, faculty members, and students)

    Address orders to: External Relations Department, Attention Publications International Monetary Fund, Washington, D.C. 20431


    The following symbols have been used throughout this paper:

    • … to indicate that data are not available;

    • — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    • – between years or months (e.g., 1979–81 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 1980/81) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    Prefatory Note

    This study was prepared by a staff team of the Exchange and Trade Relations Department of the International Monetary Fund under the direction of Eduard Brau, Assistant Director, External Finance Division, and Richard C. Williams, Assistant Director, International Capital Markets Division, with Peter M. Keller, Assistant Division Chief, and Michael Nowak, Economist.

    Other principal contributors were Donal Donovan, John Lipsky, and Edouard Maciejewski. Maxwell Watson, Ms. Chanpen Puckahtikom, Richard Abrams, Christian Saint-Etienne, Robert Rennhack, and Mohammed El-Erian also contributed. Research assistance wasprovided by Can T. Demir and David Hicks. In addition, the study drew on materials that had been prepared earlier by other staff of the Exchange and Trade Relations Department, especially Hiroyuki Hino, and by staff in other departments.

    The present study was completed in October 1983 and reflects developments up to that time. The paper has benefited from comments by staff in other departments of the Fund and by members of the Executive Board. However, opinions expressed are those ofthe authors and do not necessarily represent the views of other staff members or of Executive Directors.

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