HONDURAS Debt Treatment - March 01, 1996

Amounts treated	$112 million
Repayment profile	treatment under Naples 50% terms repayment of non ODA credits over 23 years , with 6 years of grace , after cancellation to a rate of 50% repayment of ODA credits over 40 years with 16 years of grace
Specific provisions	possibility to conduct debt swaps
Comparability of treatment provision	yes
Organisation of the session	Participating creditors CANADA , DENMARK , FRANCE , GERMANY , ITALY , NETHERLANDS , SPAIN , SWEDEN , SWITZERLAND , UNITED STATES OF AMERICA Observers AUSTRIA , UNITED KINGDOM , IMF , Inter-American Development Bank , OECD , UNCTAD , World Bank