Debt Equity Conversions and NPL Securitization in China : Some Initial Considerations /

This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but getting their design right is critical, as is nesting the...

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Bibliographic Details
Main Author: Daniel, James
Other Authors: Garrido, Jose, Moretti, Marina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:Technical Notes and Manuals; Technical Notes and Manuals ; No. 2016/005
Online Access:Full text available on IMF
Description
Summary:This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but getting their design right is critical, as is nesting them within a comprehensive, system-wide, plan.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (9 pages)
Format:Mode of access: Internet
ISSN:2075-8669
Access:Electronic access restricted to authorized BRAC University faculty, staff and students