WASHINGTON/LONDON : The recent cascade of countries defaulting on their debt has brought back into vogue complex securities - born in the 1980s - that aim to speed up restructurings. The renaissance of so-called State Contingent Debt Instruments, which lure investors with new bonds that promise payouts if the country hits certain economic or fiscal targets, has helped countries from Ukraine to Sri Lanka resolve difficult debt negotiations. Some experts say they can help cash-strapped countries

Tag-uri: SRI