Issuing Government Bonds to Finance Bank Recapitalization and Restructuring : Design Factors that Affect Banks' Financial Performance /

Bonds issued by the government or government agencies are often used to finance bank restructuring following a systemic crisis. Many conflicting considerations affect the design of the bonds used to pay for public sector investment in bank equity or the purchase of distressed assets from banks. Some...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Andrews, Michael
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2003.
Loạt:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2003/004
Truy cập trực tuyến:Full text available on IMF
LEADER 01778cas a2200241 a 4500
001 AALejournalIMF002635
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451973662 
022 |a 1934-7456 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Andrews, Michael. 
245 1 0 |a Issuing Government Bonds to Finance Bank Recapitalization and Restructuring :   |b Design Factors that Affect Banks' Financial Performance /  |c Michael Andrews. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2003. 
300 |a 1 online resource (31 pages) 
490 1 |a IMF Policy Discussion Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Bonds issued by the government or government agencies are often used to finance bank restructuring following a systemic crisis. Many conflicting considerations affect the design of the bonds used to pay for public sector investment in bank equity or the purchase of distressed assets from banks. Some bond features can leave restructured banks facing significant risks, laying the foundation for future banking sector problems. Sovereign default makes publicly financed bank restructuring more difficult, but it is still possible to carry out if banks receive sufficient interest income to provide a margin over their cost of funds. 
538 |a Mode of access: Internet 
830 0 |a IMF Policy Discussion Papers; Policy Discussion Paper ;  |v No. 2003/004 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/003/2003/004/003.2003.issue-004-en.xml  |z IMF e-Library