A Primer on Sovereign Debt Buybacks and Swaps

A Primer on Sovereign Debt Buybacks and Swaps
This paper sets forth some basic principles that could help debt managers in emerging market and other countries to plan and implement sovereign debt buyback and swap operations. It discusses the macroeconomic context in which buybacks and swaps are undertaken, the objectives of buybacks and swaps, the analytical framework for deciding whether... READ MORE...

Publication date: March 2007
ISBN 9781451866223
$18.00

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