Progress Report on Inclusion of Enhanced Contractual Provisions in International Sovereign Bond Contracts.

As part of the Fund's ongoing work on sovereign debt restructuring, in October 2014 the Executive Board endorsed the inclusion of key features of enhanced pari passu provisions and collective action clauses (CACs) in new international sovereign bonds.1 Specifically, the Executive Board endorsed...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:Policy Papers; Policy Paper ; No. 2015/053
Accesso online:Full text available on IMF

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