BUSINESSTHE RIO TIMES
Suriname Bet Its Bondholders on Oil It Has Not Pumped Yet
Suriname resolved a debt crisis through a first-of-its-kind bond linked to oil reserves it plans to pump by 2028. The innovative financial arrangement is being adopted as a model by other low-income countries.
Related Signal
Adjacent reporting
- Ecuador Looks to Tap Global Debt Markets Again Amid Oil Jump
- Africa Builds Its Own Bank for Oil and Gas as Western Money Retreats
- Ethiopia agrees $1B bond restructuring deal
- Bolivia Is Tapping Global Bond Markets for First Time Since 2022
- Japan to Work With Asian Nations to Ease Oil Bottleneck: Akazawa
- Greece Weighs Further Early Repayment of Bailout Era Loans