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View Full Version : OTP Offers Temporary Relief on Municipal Bond Repayments - Bloomberg



NewsWhore
02-29-2012, 07:20 AM
OTP Offers Temporary Relief on Municipal Bond Repayments (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGjKXQq7wrVWojYcYKezZulypnvpw&url=http://www.bloomberg.com/news/2012-02-29/otp-offers-temporary-relief-on-municipal-bond-repayments-1-.html)
Bloomberg
Local governments are struggling to repay their foreign- currency debt as the forint weakened and a grace period on bond principal repayments ran out in 2011. Local administrations have increasingly borrowed in foreign currencies since 2007 after the ...

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