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	<title>Hedge Fund News From HedgeCo.Net &#187; developing country</title>
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		<title>Liberia buys back $1.2bn in debt</title>
		<link>http://www.hedgeco.net/news/04/2009/liberia-buys-back-12bn-in-debt.html</link>
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		<pubDate>Fri, 17 Apr 2009 00:00:00 +0000</pubDate>
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		<category><![CDATA[buyback]]></category>
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		<description><![CDATA[Moneybiz &#8211; Liberia has bought back $1.2-billion in government debt at a steep discount, the World Bank, which helped finance the buyback, said on Thursday. The impoverished African country has &#34;significantly reduced its foreign debt&#34; at a discount of nearly 97 percent of face value, &#34;the steepest ever negotiated on developing country commercial debt,&#34; the [...]]]></description>
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