Considerations in the Choice of the Appropriate Discount Rate for Evaluating Sovereign Debt Restructurings /

Assessments regarding the effectiveness of sovereign debt restructurings are often summarized by comparisons of the net present value of debt service before and after the restructuring. These calculations are inherently sensitive to the choice of discount rate. This paper explores issues that arise...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Kozack, Julie
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2005.
Sraith:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/009
Rochtain ar líne:Full text available on IMF