Puttable and Extendible Bonds : Developing Interest Rate Derivatives for Emerging Markets /

This paper analyzes the price stabilizing properties of puttable and extendible bonds, their potential to help develop interest-rate derivative markets, and their use by governments. Their stabilizing properties imply that, when bond prices fall, prices for puttable and extendible bonds fall by less...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Neftci, Salih
مؤلفون آخرون: Santos, Andre
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2003.
سلاسل:IMF Working Papers; Working Paper ; No. 2003/201
الموضوعات:
الوصول للمادة أونلاين:Full text available on IMF

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