How to Evaluate Gdp-Linked Warrants Price and Repayment Capacity
| Author/creator | Miyajima, Ken Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 137 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation Following 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. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781451908800 |
| ISBN | 1451908806 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |