TITLE

Towards a Sovereign Debt Restructuring Mechanism

AUTHOR(S)
Spiegel, Mark M.
PUB. DATE
June 2002
SOURCE
FRBSF Economic Letter;6/28/2002, Vol. 2002 Issue 19, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Examines the debt restructuring mechanism in the U.S. Types of clauses in sovereign bond contracts; Problems with the decentralized approach to collective action problem; Mechanism proposed by the International Monetary Fund.
ACCESSION #
7135136

 

Related Articles

  • Argentina: Holding Out Hope For A Successful Swap.  // Emerging Markets Monitor;1/17/2005, Vol. 10 Issue 38, p11 

    Looks at the debt restructuring process undertaken by the Argentine government. Proposal of the government to swap defaulted instruments for bonds at an acceptance rate of less than 75 percent; Criticism of the International Monetary Fund against the restructuring efforts of the government;...

  • IMF Talks To Resume After Debt Swap.  // Latin America Monitor: Southern Cone Monitor;Jan2005, Vol. 22 Issue 1, p4 

    Reports on the expectation of the International Monetary Fund (IMF) to resume talks with Argentina in early 2005, following the close of the country's impending debt exchange deal. Suspension of the loan accord of the Argentine government with the IMF in August 2004; Reason for postponing the...

  • BMI Research: Latin America Monitor: Caribbean Monitor: Further Yield Compression Unlikely.  // Latin America Monitor: Caribbean Monitor;Aug2010, Vol. 27 Issue 8, p1 

    The article presents forecast for Jamaica's debt markets, where some believe bond yield compression will be unlikely due to factors that include violence in the city of Kingston and the international ramifications of Europe's debt crisis. The Jamaican government is expected to have trouble...

  • A Welcome Return For Ukrainian Issuers.  // Global Finance;Jul/Aug2011, Vol. 25 Issue 7, p50 

    The article reports that Ukraine had sold its first international bond since November 2007, along with several Ukrainian issuers including PrivatBank, Ukreximbank, and Avangard, following the International Monetary Fund (IMF) agreement in July 2010.

  • Argentina: Return Of The Bond Swap?  // Emerging Markets Monitor;10/3/2005, Vol. 11 Issue 25, p13 

    Reports on the economic conditions of Argentina as of October 3, 2005. Amount of debt financing shortfall in the region in 2005; Reason behind the decision of the Argentine government to reopen a tranche of Boden 15 bonds; Plan of the government on delaying a debt due to the International...

  • Rethinling capital controls. Rogoff, Kenneth S. // Finance & Development;Dec2002, Vol. 39 Issue 4, p55 

    Points out the issues concerning the involvement of the International Monetary Fund in the Asian debt crisis. Views of the author on the capital account liberalization of the member countries; Theorem of economics; Implications of corruptions for the economic performance of a nation.

  • IMF sets Greek bailout terms. Investor's Business Daily // Investors Business Daily;7/31/2015, pA02 

    The article reports on the statements made by the International Monetary Fund (IMF) for supporting a new program with Greece only after European governments will ensure that Athens, Greece has capability of paying its debt.

  • Ireland to return to international debt market. Jackson, Gary // Fundweb;7/3/2012, p6 

    The article reports that Ireland is ready to issue its first bonds in the international debt market, as it got bailed by the European Union and International Monetary Fund. It states that the National Treasury Management Agency (NTMA) of Ireland has decided to auction 500 million pounds worth of...

  • Jamaica: IMF Talks Agonisingly Slow.  // Emerging Markets Monitor;11/16/2009, Vol. 15 Issue 31, p13 

    The article offers an economic outlook for Jamaica for 2009-2010. The country's negotiations with the International Monetary Fund (IMF) have dragged on for longer than markets anticipated. The long-held suspicions that all is not well have been confirmed by the decision of Standard & Poor's to...

Share

Read the Article

Other Topics