Government has resumed servicing its Eurobond debts after the completion of the exchange programme with bondholders last week.
JOYBUSINESS understands that a total amount of US$520 million has been paid to the Eurobond holders.
This included $120 million as consent fee, for the bondholders who agreed to exchange their old bonds under certain conditions.
It has been described by market analysts as a special consideration payment in relation to incentivizing the bondholders to participate in the Debt Exchange Programme.
The Consent Fee consisted of $10 dollars per $1, 000 as recognized principal amount for exiting notes.
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