NO. 20


Financial and Banking News

Loans & Issues

Jordan Reschedules French, Austrian Debt

France has agreed to reschedule FF774mn worth of Jordanian interest andprincipal payments due in 1989 and 1990, together with $1.06bn worth of USdollar-denominated debt. The agreement covers all the principal due in 1989 and1990 and all the interest due during the first half of 1989, as well as 50% ofthe interest falling due between July 1989 and December 1990. Repayment is in...