Suriname goes easy on 2023 holders but fiscal fright feared

Tim Bilman/Vowtow - stock.adobe.com

Suriname appeared to take a market-friendly approach to arranging debt relief on Wednesday as bondholders agreed to delay the amortisation schedule on its 2023s. But a full restructuring is still on the cards as the outgoing government appeared to wash its hands of responsibility for what is likely to be dire forthcoming economic data.