Debt Maturity and the Use of Short-Term Debt

Evidence form Sovereigns and Firms

Debt Maturity and the Use of Short-Term Debt
The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the borrower) and is associated with financial crises. Moreover, debt maturity can have an impact on the ability of firms to undertake long-term productive... READ MORE...

Publication date: February 2019
ISBN 9781484380536
$25.00

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