Puttable and Extendible Bonds : Developing Interest Rate Derivatives for Emerging Markets /

This paper analyzes the price stabilizing properties of puttable and extendible bonds, their potential to help develop interest-rate derivative markets, and their use by governments. Their stabilizing properties imply that, when bond prices fall, prices for puttable and extendible bonds fall by less...

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Detaylı Bibliyografya
Yazar: Neftci, Salih
Diğer Yazarlar: Santos, Andre
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2003.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2003/201
Konular:
Online Erişim:Full text available on IMF