How Private Creditors Fared in Emerging Debt Markets, 1970-2000 /
We estimate ex post returns to emerging market debt by combining secondary-market prices with observed flows based on World Bank data. From 1970-2000, returns averaged 9 percent per annum, about the same as returns on a ten-year U.S. treasury bond. This reflects the combined effect of the 1980s debt...
| Hovedforfatter: | Zettelmeyer, Jeromin |
|---|---|
| Andre forfattere: | Klingen, Christoph, Weder, Beatrice |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2004/013 |
| Online adgang: | Full text available on IMF |
Lignende værker
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Sovereign Default, Private Sector Creditors and the IFIs /
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Endogenous Creditor Seniority and External Debt Values /
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Market Valuation of Illiquid Debt and Implications for Conflicts Among Creditors /
af: Bartolini, Leonardo
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Recent Multilateral Debt Restructurings with Offcial and Bank Creditors /
af: Brau, Eduard
Udgivet: (1983) -
Fare Well, Illyria
af: Binder