In the United States’ successful Brady Bond plan in 1989, the debtors – Mexico, Argentina, and Brazil – agreed to pay what they could. The banks that had loaned them the money replaced the old debt with new bonds at par value, which averaged 50% of the old bonds, and the US government provided some sweeteners.
任何可信的援助计划都必须要求债权人银行接受至少损失一半的现实。1989年，美国曾成功地实施了布雷迪债券（Brady Bond）计划，债务人——墨西哥、阿根廷和巴西——同意竭尽所能偿还债务。借钱给它们的银行用新债代替旧债，新债的面值平均只有旧债的50%，而美国政府也替银行分担了一些损失。