denotes premium content | Jan 6 2009 
Regular
posted 21 Jun 2005 in Volume 8 Issue 8
Emerging-market debt pricing
Omni Whittington Commentary, June 2005
Libya
We have decided to add the price of Libyan debt to our existing list. Libya has been trying seriously to get rid of its image of a pariah state. The international community is apparently prepared to give the country a second chance and sanctions have been lifted. Libya itself is regaining market confidence by honouring its new debts and cleaning up old outstanding receivables. As a result of these developments the recoverability through sale or otherwise of these debts (trade debts or uninsured portions) has increased substantially. Holders of Libyan debt are invited to contact us.
Uzbekistan
Uzbekistan has been added to the list as a counterexample of Libya. Uzbekistan as opposed to Libya is on a downslide both concerning its international reputation and by implication also in its debt pricing. Although Uzbekistan possesses substantial assets, political instability is negatively impacting the price of existing claims. We have solutions for Uzbekistan debt and holders of Uzbekistan debt are welcome to contact us for more information.
For a PDF of the prices, click here
