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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Neftci, Salih
Rannpháirtithe: Santos, Andre
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2003.
Sraith:IMF Working Papers; Working Paper ; No. 2003/201
Ábhair:
Rochtain ar líne:Full text available on IMF