Haircuts : Estimating Investor Losses in Sovereign Debt Restructurings, 1998-2005 /

This paper estimates bond-by-bond "haircuts"-realized investor losses-in recent debt restructurings in Russia, Ukraine, Pakistan, Ecuador, Argentina, and Uruguay. We consider both external and domestic retructurings. Haircuts are computed as the percentage difference between the present va...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Zettelmeyer, Jeromin
Awduron Eraill: Sturzenegger, Federico
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2005.
Cyfres:IMF Working Papers; Working Paper ; No. 2005/137
Mynediad Ar-lein:Full text available on IMF