The Evaluation of Debt Exchanges.
An approach is presented for analyzing debt-for-debt exchanges from the perspective of the exchange's impact on the country's contractual obligations and from the perspective of the creditors whose participation is sought. A general model is developed for valuing partially guaranteed debt...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Series: | IMF Working Papers; Working Paper ;
No. 1990/009 |
| Online Access: | Full text available on IMF |