01750cas a2200241 a 4500 AALejournalIMF002227 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451875249 1018-5941 BD-DhAAL BD-DhAAL Laliberte, Lucie. Income from Bonds : Treatment in the System of National Accounts 1993 / Lucie Laliberte. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students How to account for interest on bonds in a system as integrated as the System of National Accounts 1993 (1993 SNA) has been a source of much controversy. Two main positions emerge: the debtor treatment based on the contractual arrangements of the bonds; and the creditor treatment based on current interest rates and prices of assets/liabilities. Using the discounted cash flow model, this paper explores the treatment of income and other benefits from assets in the 1993 SNA. It finds that the debtor approach to bond interest conforms with the 1993 SNA recording income and other benefits from assets, as that approach captures the results of effective decision making between institutional units. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/221 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/221/001.2002.issue-221-en.xml IMF e-Library