Debt Conversion Scheme

ECGD's Debt Conversion Scheme allows a proportion of the rescheduled hard currency sovereign debts of a number of developing countries to be converted, at a discount, into local currency, provided that it is invested by the purchaser in local projects approved by ECGD and the government of the country concerned.

The scheme is operated in accordance with the decisions of the Paris Club group of creditor countries.

Guides and Forms

The following documents provide further information on the scheme.

• Debt Conversion Scheme Brochure
  Download (PDF 125 KB)
  
  
• Guide for Applicants for Purchase of Debt
  Download (PDF 35 KB)
  
  
• Guide for Debt or Governments
  Download  (PDF 22 KB)
  
  
• Standard Application Form
  Download (Word 176 KB)
  
  
• Debt Conversion Markets
  Download (PDF 14.0 KB)
  

Contact Details

For Debt Conversion Team's details, please consult ECGD's contacts list.