Congo CG: External Debt: Stock: Reduction

Congo CG: External Debt: Stock: Reduction data was reported at 0.000 USD mn in 2014. This records a decrease from the previous number of 2.439 USD bn for 2010. Congo CG: External Debt: Stock: Reduction data is updated yearly, averaging 4.798 USD mn from Dec 2007 to 2014, with 5 observations. The data reached an all-time high of 2.439 USD bn in 2010 and a record low of 0.000 USD mn in 2014. Congo CG: External Debt: Stock: Reduction data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Congo, Republic of – Table CG.World Bank.WDI: External Debt: Arrears and Reschedulings. Debt stock reductions show the amount that has been netted out of the stock of debt using debt conversion schemes such as buybacks and equity swaps or the discounted value of long-term bonds that were issued in exchange for outstanding debt. It includes the effect of any financial operation that will reduce the debt stock other than debt stock restructuring, repayment of principal and debt forgiven. In particular, debt stock reduction will include the face value of debt bought back, the face value of debt swapped for equity (or 'nature' or 'development'), any face value reduction that might result as the consequence of a bond exchange, and any face value reduction resulting from an exchange of debt for discount bonds. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

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