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Recapitalized Bonds

Can the Bonds Burden be Reduced?

Tuesday, August 20, 2002

A bonds recapitalization study team supported by Kwik Kian Gie has proposed five schemes for withdrawing recap bonds. The governments reaction has been superficial and trite.

arsip tempo : 172852350036.

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The government is currently caught between a rock and a hard place, with the dual burden of interest payments and repaying the principal on its banking recapitalization bonds. Unfortunately, it has been unable to keep up with either. The burden of these bonds continues to rapidly increase with time, possibly because there are too many constraints, and possibly due to a number of other factors that are not clear to outsiders. Nevertheless, w

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