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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Neftci, Salih
מחברים אחרים: Santos, Andre
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2003.
סדרה:IMF Working Papers; Working Paper ; No. 2003/201
נושאים:
גישה מקוונת:Full text available on IMF