PERU
Debt Treatment
-
July 20, 1996
|
Supporting aggreements with the international institutions
|
IMF program
approved on
July 01, 1996
|
|
Amounts treated
|
$6723 million
|
|
Categories of debts treated
|
treatment of maturities falling due from
April 01, 1996
up to
December 31, 1998
|
|
Repayment profile
|
treatment under
Houston terms
|
|
Specific provisions
|
possibility to conduct debt swaps
entry-into-force provision
Agreement implemented on
December 31, 1996
pullback clause
free transferability provision
Phases
-
First phase :
From
April 01, 1996
up to
December 31, 1996
implemented at
December 31, 1996
-
Second phase :
From
January 01, 1997
up to
December 31, 1997
implemented at
July 04, 1997
-
Third phase :
From
January 01, 1998
up to
December 31, 1998
implemented at
June 29, 1998
de minimis threshold of
1 000 000
SDR
payment of non-consolidated amounts before
April 30, 1997
|
|
Comparability of treatment provision
|
yes
|
|
Cutoff date
|
January 01, 1983
|
|
Organisation of the session
|
Participating creditors
AUSTRIA
,
BELGIUM
,
CANADA
,
FINLAND
,
FRANCE
,
GERMANY
,
ITALY
,
JAPAN
,
NETHERLANDS
,
NORWAY
,
SPAIN
,
SWEDEN
,
UNITED KINGDOM
,
UNITED STATES OF AMERICA
Observers
DENMARK
,
IMF
,
Inter-American Development Bank
,
UNCTAD
,
World Bank
|
|
