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005 20200520144314.0
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010   $a1-283-51133-9
010   $a9786613823786
010   $a1-4519-0880-6
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035   $a(EBL)3014439
035   $a(SSID)ssj0001477337
035   $a(PQKBManifestationID)11902571
035   $a(PQKBTitleCode)TC0001477337
035   $a(PQKBWorkID)11449750
035   $a(PQKB)10198441
035   $a(OCoLC)694141090
035   $a(MiAaPQ)EBC3014439
035   $a(IMF)WPIEE2006085
035   $a(EXLCZ)993360000000443373
100   $a20060929d2006      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aHow to evaluate GDP-linked warrants $eprice and repayment capacity /$fKen Miyajima
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund, International Capital Markets Dept.$dc2006
215   $a1 online resource (37 p.)
225 1 $aIMF working paper ;$vWP/06/85
300   $a"March 2006."
311   $a1-4518-6345-4 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. HISTORY AND CHARACTERISTICS""; ""III. THE MODEL ""; ""IV. CONCLUDING REMARKS""; ""References""
330 3 $aFollowing a brief review of the recent history of GDP-linked instruments, this paper proposes a set of tools to examine the quantitative properties of GDP-linked warrants. It argues that trigger conditions should be clearly identifiable and payment amounts easily calculable. Based on a design that includes these features and historical data for the main EMBI countries, the paper provides an assessment of the issuer's capacity to service GDP-linked warrants, comparing payments with tax revenues stemming from contemporaneous growth. The price of the GDP-linked warrants are then estimated from the point of view of both domestic and foreign investors.
410  0$aIMF working paper ;$vWP/06/85.
606   $aBonds$xEconometric models
606   $aGross domestic product$xEconometric models
615  0$aBonds$xEconometric models.
615  0$aGross domestic product$xEconometric models.
700   $aMiyajima$b Ken$f1971-$01762307
712 02$aInternational Monetary Fund.$bInternational Capital Markets Dept.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910809284003321
996   $aHow to evaluate GDP-linked warrants$94202158
997   $aUNINA