Government has moved to clarify plans to buy back Government paper as part of its debt-for-climate swap.
Minister in the Ministry of Finance, Ryan Straughn, moved a resolution to start the process yesterday, which will involve Government buying back 600 million dollars in debt.
In another section of the media, it was reported the holders of series B and D bonds would be repaid in full as a result.
However, Mr. Straughn notes that report shared ahead of the planned reverse auction on Friday, is inaccurate.