1.

Record Nr.

UNINA9910970751803321

Autore

Polan Magdalena

Titolo

Strategic Considerations for First-Time Sovereign Bond Issuers / / Magdalena Polan, Udaibir Das, Michael Papaioannou

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

9786612842122

9781462381012

1462381014

9781452704678

1452704678

9781451871197

1451871198

9781282842120

1282842129

Edizione

[1st ed.]

Descrizione fisica

1 online resource (29 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/261

Altri autori (Persone)

DasUdaibir

PapaioannouMichael

Disciplina

332.6323

Soggetti

Bonds - Developing countries

Risk management - Developing countries

Debts, Public - Developing countries

Bonds

Capital market

Debt Management

Debt

Debts, Public

Finance

Finance: General

General Financial Markets: General (includes Measurement and Data)

Government debt management

International bonds

International capital markets

Investment & securities

Investments: Bonds

Public finance & taxation

Public Finance

Sovereign bonds

Sovereign Debt



Egypt, Arab Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Recent Trends in EM and LIC Sovereign Bond Issuance; Tables; 1. Selected Debut Issues by EM Countries; Figures; 1. Characteristics of Selected Debut EM and LIC Issues; Boxes; 1. Fund Policy on Non-Concessional External Debt Financing for Program and Post-Debt Relief Countries; 2. Trends in Concessional and Non-Concessional Financing in Sub-Saharan Countries; 3. Recent Debut Issues and Risk Appetite; III. International Issuance: Advantages and Risks; A. Advantages of International Issuance; B. Risks of International Issuance

IV. Strategic Considerations for Sovereign Debut IssuersA. Debt-Sustainability Aspects of Issuance; 2. Credit Ratings and EMBI Global Spreads for Selected EM Countries; B. Practical and Operational Aspects of Issuance; 2. Considerations for a Successful Issuance of a Sovereign Debut International Bond; V. Pitfalls of First Time Sovereign Issuance; 4. Composite Credit Ratings of Debut Sovereign Issuers and Spreads at Issue; 5. Relative Cost of Recent Debut Issues; VI. Concluding Remarks; References

Sommario/riassunto

The recent round of debt relief has restored debt sustainability in many low-income countries (LICs). This, along with a continued search for yield and desire for portfolio diversification by investors, has increased the range of viable financing options, including international bonds, for many emerging market (EM) economies and LICs. This paper presents some of the advantages and disadvantages of international debut bonds, within a debt sustainability framework. It outlines key preconditions and discusses strategic considerations that countries need to take into account when contemplating bond issuance in international markets for the first time. In this context, the paper also discusses some typical pitfalls in accessing international capital markets, including excessive issue size relative to the intended use of bond proceeds, issuance of bullet bonds, and inadequate preparation for accessing the markets.



2.

Record Nr.

UNINA9910764100803321

Titolo

Contested Legacies : Critical Perspectives on Postwar Modern Housing / / Andrea Migotto, Martino Tattara

Pubbl/distr/stampa

[s.l.] : , : Universitaire Pers Leuven, , 2023

ISBN

9789461665140

9461665148

Descrizione fisica

1 online resource (233 p.)

Soggetti

Architecture / Buildings / Residential

Architecture / History / Modern (late 19th Century To 1945)

Architecture

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

<strong>New insights on the controversial and often-overlooked postwar large-scale housing estates.</strong>In the light of the current housing and environmental crisis and increasing social inequalities, there is a growing sense of urgency for architecture as a discipline to engage with the transformation in housing evident in the postwar period. Rather than conceiving this task as a technical matter, this book proposes to reassess the conditions and legacy of this large and ubiquitous housing stock. By foregrounding the mismatch between constructed cultural, social and ideological narratives and the everyday realities of residents, the contributors rediscover some of the tropes of modern housing, such as the impact of technological innovations or the often overlooked character of open spaces, and unveil the intellectual and practical tools that paved the way for this large-scale construction.Contested Legacies advances a new notion of heritage which, rather than seeking to preserve the past, sets outs to actively transform what exists to meet current societal needs. It offers an 'atlas' of exemplary cases, each illustrating a defining yet often neglected aspect of modern postwar housing, from which present engagement and active reflection can grow, making the book an appealing read for both scholars and



housing practitioners worldwide.Contributors: Umberto Bonomo (Pontificia Universidad Católica de Chile), Flávia Brito do Nascimento (Universidade de São Paulo), Gaia Caramellino (Politecnico di Milano), Federico Coricelli (Politecnico di Torino), Jesse Honsa (KU Leuven), Heidi Svenningsen Kajita (University of Copenhagen), Michael Klein (TU Wien), Andrea Migotto (KU Leuven), Nicola Russi (Politecnico di Torino), Martino Tattara (KU Leuven)Ebook available in Open Access.<br> This publication is GPRC-labeled (Guaranteed Peer-Reviewed Content).