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External Commercial Borrowing

External Commercial Borrowings (ECB) include bank loans, suppliers' and buyers' credits, fixed and floating rate bonds (without convertibility) .

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External Commercial Borrowings (ECB) include bank loans, suppliers' and buyers' credits, fixed and floating rate bonds (without convertibility) and borrowings from private sector windows of multilateral Financial Institutions such as International Finance Corporation. Euro-issues include Euro-convertible bonds and GDR.

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