Sovereign debt restructurings 1950 - 2010 [[electronic resource] ] : literature survey, data, and stylized facts / / Udaibir S. Das, Michael G. Papaioannou, and Christoph Trebesch |
Autore | Das Udaibir S |
Pubbl/distr/stampa | Washington, D.C., : International Monetary Fund, c2012 |
Descrizione fisica | 1 online resource (129 p.) |
Altri autori (Persone) |
PapaioannouMichael G
TrebeschChristoph |
Collana | IMF working paper |
Soggetto topico |
Debt relief
Debtor and creditor |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4755-5432-X
1-4755-0709-7 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. Basic Concepts; A. What is a Sovereign Debt Restructuring?; B. What is the Difference Between Default and Restructuring?; C. Restructurings and Credit Events; D. "Haircuts" and Calculation of Debt Relief; Figures; 1. A Stylized Example-Total Debt Service Before and After; III. The Process of Sovereign Debt Restructuring; A. Key Elements in a Debt Restructuring Process; 2. Stylized Timeline of a Sovereign Debt Restructuring; B. Restructuring Bilateral Debt: The Paris Club; Tables; 1. Overview of Debt Restructuring Vehicles by Type of Creditor
2. Paris Club Creditors in Selected Restructurings C. Restructuring Bank Loans: The London Club; Boxes; 1. The Brady Plan; 3. Selected Bank Advisory Committees since the 1980's (London Club Process); D. Sovereign Bond Exchanges; 4. Negotiating with Sovereign Bondholders; E. The Duration of Debt Renegotiations; 3. Restructuring Duration by Type of Debt; F. Pitfalls in the Restructuring Process; IV. Sovereign Debt Restructurings 1950-2010: An Overview; A. When and How Often Was Sovereign Debt Restructured?; 4. Foreign Debt Restructurings by Country (1950-2010) 5. Debt Restructurings with Paris Club and Private Creditors 6. Bank Loan versus Bond Restructurings (1950-2010); 7. Restructurings with Face Value Debt Reduction (Nominal Write-Offs); B. Characteristics of Bond and Bank Debt Restructurings Since 1998; 5. Characteristics of Main Sovereign Debt Restructurings with Foreign Banks and Bondholders, 1998-2010; C. Financial and Macroeconomic Conditions During Restructuring Episodes; D. Evolution of Credit Ratings During Restructuring Episodes; 8. Financial and Macroeconomic Indicators in Restructuring Periods 6. Sovereign Ratings in Nine Recent Bond Restructurings9. Ratings Evolution during Sovereign Restructuring Episodes; V. Legal Aspects of Sovereign Debt Restructurings; A. Governing Laws; 7. Emerging Market Sovereign Bonds by Governing Law; 10. Bond Issuance in Main Emerging Markets 2003-2010, by Governing Law; 11. Public Bond Issuance in EU Countries 2003-2010, by Governing Law; B. Collective Action Clauses; C. Further Key Bond Clauses; 8. Legal Characteristics of Sovereign Bond Restructurings (1999-2009); D. Creditor Litigation Against Debtor Governments 12. Creditor Litigation after Defaults/Restructurings: New Cases Filed per Year VI. Domestic Sovereign Debt Restructurings; A. Evidence on Domestic Debt Restructurings; 2. The Domestic Restructuring in Jamaica 2010; B. Evidence on Restructurings in a Monetary Union; C. Restructuring "Quasi-Sovereign" Debt; 3. Recent "Quasi-Sovereign" Debt Restructurings; VII. Credit Default Swaps and Sovereign Debt Restructurings; A. The Settlement of Sovereign CDS Contracts; B. Potential Distortions: Insurable Interest and the "Empty Creditor" Problem VIII. Costs and Implications of Sovereign Debt Restructurings: A Survey |
Record Nr. | UNINA-9910461984703321 |
Das Udaibir S | ||
Washington, D.C., : International Monetary Fund, c2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Sovereign debt restructurings 1950 - 2010 : literature survey, data, and stylized facts / / Udaibir S. Das, Michael G. Papaioannou, and Christoph Trebesch |
Autore | Das Udaibir S |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C., : International Monetary Fund, c2012 |
Descrizione fisica | 1 online resource (129 p.) |
Disciplina | 332.1 |
Altri autori (Persone) |
PapaioannouMichael G
TrebeschChristoph |
Collana | IMF working paper |
Soggetto topico |
Debt relief
Debtor and creditor |
ISBN |
1-4755-5432-X
1-4755-0709-7 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. Basic Concepts; A. What is a Sovereign Debt Restructuring?; B. What is the Difference Between Default and Restructuring?; C. Restructurings and Credit Events; D. "Haircuts" and Calculation of Debt Relief; Figures; 1. A Stylized Example-Total Debt Service Before and After; III. The Process of Sovereign Debt Restructuring; A. Key Elements in a Debt Restructuring Process; 2. Stylized Timeline of a Sovereign Debt Restructuring; B. Restructuring Bilateral Debt: The Paris Club; Tables; 1. Overview of Debt Restructuring Vehicles by Type of Creditor
2. Paris Club Creditors in Selected Restructurings C. Restructuring Bank Loans: The London Club; Boxes; 1. The Brady Plan; 3. Selected Bank Advisory Committees since the 1980's (London Club Process); D. Sovereign Bond Exchanges; 4. Negotiating with Sovereign Bondholders; E. The Duration of Debt Renegotiations; 3. Restructuring Duration by Type of Debt; F. Pitfalls in the Restructuring Process; IV. Sovereign Debt Restructurings 1950-2010: An Overview; A. When and How Often Was Sovereign Debt Restructured?; 4. Foreign Debt Restructurings by Country (1950-2010) 5. Debt Restructurings with Paris Club and Private Creditors 6. Bank Loan versus Bond Restructurings (1950-2010); 7. Restructurings with Face Value Debt Reduction (Nominal Write-Offs); B. Characteristics of Bond and Bank Debt Restructurings Since 1998; 5. Characteristics of Main Sovereign Debt Restructurings with Foreign Banks and Bondholders, 1998-2010; C. Financial and Macroeconomic Conditions During Restructuring Episodes; D. Evolution of Credit Ratings During Restructuring Episodes; 8. Financial and Macroeconomic Indicators in Restructuring Periods 6. Sovereign Ratings in Nine Recent Bond Restructurings9. Ratings Evolution during Sovereign Restructuring Episodes; V. Legal Aspects of Sovereign Debt Restructurings; A. Governing Laws; 7. Emerging Market Sovereign Bonds by Governing Law; 10. Bond Issuance in Main Emerging Markets 2003-2010, by Governing Law; 11. Public Bond Issuance in EU Countries 2003-2010, by Governing Law; B. Collective Action Clauses; C. Further Key Bond Clauses; 8. Legal Characteristics of Sovereign Bond Restructurings (1999-2009); D. Creditor Litigation Against Debtor Governments 12. Creditor Litigation after Defaults/Restructurings: New Cases Filed per Year VI. Domestic Sovereign Debt Restructurings; A. Evidence on Domestic Debt Restructurings; 2. The Domestic Restructuring in Jamaica 2010; B. Evidence on Restructurings in a Monetary Union; C. Restructuring "Quasi-Sovereign" Debt; 3. Recent "Quasi-Sovereign" Debt Restructurings; VII. Credit Default Swaps and Sovereign Debt Restructurings; A. The Settlement of Sovereign CDS Contracts; B. Potential Distortions: Insurable Interest and the "Empty Creditor" Problem VIII. Costs and Implications of Sovereign Debt Restructurings: A Survey |
Record Nr. | UNINA-9910826179303321 |
Das Udaibir S | ||
Washington, D.C., : International Monetary Fund, c2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|