Accordingly, the duration of the reprofiling would be determined on a case-by-case basis, taking into account the length of the program and the structure of the member’s public debt. [...] This This analysis suggests a mapping from the mandated approach is used in the calculations displayed in Table 1 as policy objective (for the debtor) to the appropriate type of well as in Table 2 in the Appendix, where the restructuring debt restructuring and its impact on creditors. [...] It would be a reprofiling, except the coupons the market value of the bond after the transaction, which on a number of bonds were substantially reduced, for involves discounting the new instruments at the estimated example the coupon of one US dollar bond was reduced post-transaction market yield, or “exit yield.” Exit yields, to 11.00 percent from 16.75 percent via the exchange and more generally [...] That is a big cut restructured bonds, provide an important barometer of — and puts the transaction into the category of “soft debt the credibility of the debtor’s Fund-supported economic restructuring” on the basis of features. [...] The country’s debt to GDP ratio started the year transactions that focus on extending the maturity of near 40 percent, the outlook for the new government short-dated bonds in the context of an IMF program.