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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書目詳細資料
主要作者: Chen, Sophia
其他作者: Ganum, Paola, Liu, Lucy Qian, Martinez, Leonardo
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2019.
叢編:Departmental Papers; Departmental Paper ; No. 2019/001
在線閱讀:Full text available on IMF