Managing Argentina's External Debt: The Contribution of Debt Swaps |
Contents
INTRODUCTION | 1 |
THEORETICAL ANALYSIS OF DEBT REPURCHASES | 14 |
REFERENCES | 48 |
1 other sections not shown
Common terms and phrases
ability to pay actual alternative amount Argentine debt Argentine syndicated debt arrears assume Australes BONEX Cambio capital Carlos Alfredo Rodríguez cash buybacks cash investment Central Bank commercial banks country's ability debt at market debt problem debt repurchases debt service debt titles debtor country discount dollars equations estimated excess debt exchange rate exit bond exports external debt face value Fernández financial markets financing fiscal foreign debt foreign exchange foreign exchange market funds hyperinflation implies inflation tax interest service internal public debt investor issues LIBOR loans market price market value Mexican Bond million negotiation obtained Osvaldo H outstanding debt Paris Club period present value private sector public sector rational expectations real interest rate reduction refinancing renegotiation rescheduling risk premium Roque Schenone secondary markets semester sharing clause stipulated stock of debt strategy successful buyback policy terms of trade trade surplus unpaid interest value of debt zero coupon bond