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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Neftci, Salih
Kolejni autorzy: Santos, Andre
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2003.
Seria:IMF Working Papers; Working Paper ; No. 2003/201
Hasła przedmiotowe:
Dostęp online:Full text available on IMF