Definition: Debt/Equity Swaps
Balance of Payments, IMF
Debt/Equity Swaps consist of the exchange, usually at a discount, of bank claims on, or other debt instruments of, debtor economies for non-resident investors' equity investment in those economies. http://ec.europa.eu/eurostat/ramon/statmanuals/files/BoP_Manual_Fifth_Edition_EN.pdf
Source:
International Monetary Fund (IMF), "Balance of Payments Manual" (BOP), Fifth Edition, Washington D.C., 1993
International Monetary Fund (IMF), "Balance of Payments Manual" (BOP), Fifth Edition, Washington D.C., 1993
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