CHAD
Debt Treatment
-
June 14, 1996
|
Amounts treated
|
$12 million
|
|
Categories of debts treated
|
treatment of maturities falling due from
January 01, 1996
up to
August 31, 1998
|
|
Repayment profile
|
treatment under
Naples 67% terms
-
repayment of non ODA credits over
23
years
,
with
6
years of grace
, after cancellation to a rate of
67%
-
repayment of ODA credits over
40
years
with
16
years of grace
|
|
Specific provisions
|
possibility to conduct debt swaps
entry-into-force provision
Agreement implemented on
September 30, 1996
Phases
-
First phase :
From
January 01, 1996
up to
December 31, 1996
implemented at
September 30, 1996
-
Second phase :
From
January 01, 1997
up to
December 31, 1997
implemented at
March 10, 1997
-
Third phase :
From
January 01, 1998
up to
August 31, 1998
implemented at
July 02, 1998
|
|
Comparability of treatment provision
|
yes
|
|
Organisation of the session
|
Participating creditors
FRANCE
,
GERMANY
,
ITALY
|
|
