Sentence examples for the reprofiling of from inspiring English sources
First, it wants greater leeway to support the "reprofiling" of sovereign debt.
But another, the "reprofiling" of bonds, is being actively considered.Under reprofiling, the Greek government would continue to pay coupons on bonds and to redeem them when they come due, but the maturity of each bond would be extended.
Quick agreement on, and vigorous implementation of, the IMF's proposals could be the ideal catalyst, both because the fund could prod all its members to issue new holdout-proof bonds and because more bail-outs would involve the reprofiling of debt as a matter of course.
Technical regulations for 2012 include the reprofiling of the car's nose.
Between the and 2007 races, the Circuit de la Sarthe was upgraded, most obviously by the reprofiling of the Tertre Rouge corner.
According to the IMF forecast, Greece will be burdened with debts worth 250% of GDP by 2050 without "a substantial reprofiling" of the terms of loans.
The IMF thinks 1.5% is a more plausible figure and wants "reprofiling" of Greek debts – easing the overall burden and softening the interest rate.
More important, the evidence suggests that timely reprofiling of debt causes far less damage to bond yields, future market access and a country's credit rating than a big haircut (see chart).Occasionally, governments choose to stiff their creditors when they could pay up.
EU finance ministers want to postpone the reckoning again, perhaps with new loans for Greece, stretching out repayments, reducing the interest rate or even considering a modest voluntary reprofiling of current debt.But time has a cost.
Unless it is backed by a supermajority of 12 out of 15 members, the decision is passed to an external review committee of independent experts, a kind of supreme court for the CDS market.Who would win and who would lose if a reprofiling of Greek debt were treated as a credit event?
Euro-zone ministers have not spelled out how what they refer to as a "reprofiling" of Greek debt would work.
