1992 World Economic and Financial Surveys : Private Market Financing for Developing Countries 1992 »
Series: World Economic and Financial Surveys
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1992
Keywords: debt, interest, bonds, bond, restructuring
This paper reviews recent developments in private market financing for developing countries. Bank creditors themselves have been more amenable to restructuring in an environment where secondary market discounts on...