Private Bond Restructurings : Lessons for the Case of Sovereign Debtors /

This paper reviews recent experience with both sovereign and private bond restructurings. It also summarizes the literature on private bond restructurings and describes the 'typical' process for a voluntary exchange of new bonds for existing obligations. From this information some conclusi...

詳細記述

書誌詳細
第一著者: Pinon-Farah, Marco
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1996.
シリーズ:IMF Working Papers; Working Paper ; No. 1996/011
オンライン・アクセス:Full text available on IMF
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245 1 0 |a Private Bond Restructurings :   |b Lessons for the Case of Sovereign Debtors /  |c Marco Pinon-Farah. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper reviews recent experience with both sovereign and private bond restructurings. It also summarizes the literature on private bond restructurings and describes the 'typical' process for a voluntary exchange of new bonds for existing obligations. From this information some conclusions are drawn as to the possibility of concluding voluntary restructuring agreements for sovereign bonds within relatively short periods of time. 
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