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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Zettelmeyer, Jeromin
Rannpháirtithe: Sturzenegger, Federico
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2005.
Sraith:IMF Working Papers; Working Paper ; No. 2005/137
Rochtain ar líne:Full text available on IMF