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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2015.
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| 叢編: | Policy Papers; Policy Paper ;
No. 2015/053 |
| 在線閱讀: | Full text available on IMF |