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...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2005/137 |
| Accès en ligne: | Full text available on IMF |