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...

Полное описание

Библиографические подробности
Главный автор: Zettelmeyer, Jeromin
Другие авторы: Sturzenegger, Federico
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Working Papers; Working Paper ; No. 2005/137
Online-ссылка:Full text available on IMF