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

The IMF Executive Board endorsed in October 2014 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 the use of (i) a modified pari passu provision that explicitly exclu...

תיאור מלא

מידע ביבליוגרפי
מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2017.
סדרה:Policy Papers; Policy Paper ; No. 2017/067
גישה מקוונת:Full text available on IMF