Debt Maturity and the Use of Short-Term Debt : Evidence form Sovereigns and Firms /
The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the borrower) and is associated with financial crises. Moreover, debt maturity can have an impact on the abil...
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| Інші автори: | , , |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Серія: | Departmental Papers; Departmental Paper ;
No. 2019/001 |
| Онлайн доступ: | Full text available on IMF |