Browse

You are looking at 1 - 10 of 48 items :

  • Banks and Banking x
  • Keywords: bonds x
Clear All
Annex: Concluding Remarks By the Acting Chair

Annex: Concluding Remarks By the Acting Chair »

Source: Global Financial Stability Report, March 2003 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2003

ISBN: 9781589062108

Keywords: bond, bonds, bond issuance, capital markets, international capital markets

The following remarks by the Acting Chair were made at the conclusion of the Executive Board's discussion of the Global Financial Stability Report...

Are Credit Default Swaps Spreads High in Emerging Markets

Are Credit Default Swaps Spreads High in Emerging Markets »

Source: Are Credit Default Swaps Spreads High in Emerging Markets : An Alternative Methodology for Proxying Recovery Value

Volume/Issue: 2003/242

Series: IMF Working Papers

Author(s): Manmohan Singh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

ISBN: 9781451875836

Keywords: recovery value, credit default swaps, cheapest-to-deliver bonds, bonds, bond, probability, correlation, probability of default,

In times of distress when a country loses access to markets, there is evidence that credit default swap (CDS) spreads are a leading indicator for sovereign risk than the EMBI+ sub-index for the country. However, it...

The Behavior of Real Interest Rates in Exchange-Rate Based Stabilization Programs

The Behavior of Real Interest Rates in Exchange-Rate Based Stabilization Programs »

Source: The Behavior of Real Interest Rates in Exchange-Rate Based Stabilization Programs

Volume/Issue: 1994/75

Series: IMF Working Papers

Author(s): Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1994

ISBN: 9781451849660

Keywords: nominal interest rate, bonds, foreign bonds, real money

This paper examines the behavior of real interest rates in exchange-rate based stabilization programs. The analysis is based on a model with imperfect capital mobility and optimizing agents. A permanent reduction i...

The Brady-Euro Yield Differential Debate

The Brady-Euro Yield Differential Debate »

Source: The Brady-Euro Yield Differential Debate : Why Arbitrage is Infeasible

Volume/Issue: 1996/127

Series: IMF Working Papers

Author(s): Federico Kaune Moreno , and Elaine Buckberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1996

ISBN: 9781451935912

Keywords: eurobonds, bonds, brady bonds, eurobond, eurobond market

Brady bonds offer substantially higher returns than Eurobonds. This paper examines the Brady and Eurobond markets for developing country debt and finds that the apparent arbitrage opportunity is not only smaller th...

Chapter I: Overview

Chapter I: Overview »

Source: Global Financial Stability Report, March 2003 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2003

ISBN: 9781589062108

Keywords: bond, bonds, bond issuance, capital markets, international capital markets

The adjustment in financial markets and the real economy following the bursting of the asset price bubble continues to influence developments. This is reflected in the hesitant and uneven pace of global econ...

CHAPTER I OVERVIEW: KEY DEVELOPMENTS AND SOURCES OF FINANCIAL MARKET RISKS

CHAPTER I OVERVIEW: KEY DEVELOPMENTS AND SOURCES OF FINANCIAL MARKET RISKS »

Source: Global Financial Stability Report, December 2002 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2002

ISBN: 9781589061927

Keywords: bond, bonds, derivatives markets, financial stability, financial institutions

Investor sentiment deteriorated further in the third quarter, continuing the trend reported in previous issues of the Global Financial Stability Report. Uncertainty and then concern mounted over the strength...

Chapter II: Key Developments and Sources of Financial Risk in the Major Financial Centers

Chapter II: Key Developments and Sources of Financial Risk in the Major Financial Centers »

Source: Global Financial Stability Report, March 2003 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2003

ISBN: 9781589062108

Keywords: bond, bonds, bond issuance, capital markets, international capital markets

Financial conditions in mature financial markets have improved gradually since the end of the third quarter of 2002, and key sectors have started to rebuild their balance sheets. Boosted by the continuous ri...

CHAPTER II KEY DEVELOPMENTS AND SOURCES OF FINANCIAL RISK IN THE MAJOR FINANCIAL CENTERS

CHAPTER II KEY DEVELOPMENTS AND SOURCES OF FINANCIAL RISK IN THE MAJOR FINANCIAL CENTERS »

Source: Global Financial Stability Report, December 2002 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2002

ISBN: 9781589061927

Keywords: bond, bonds, derivatives markets, financial stability, financial institutions

The global financial system has experienced a number of challenges: economic recessions and growth slowdowns in various countries, the bursting of the technology, media, and telecom (TMT) bubble and more wid...

CHAPTER III EMERGING MARKET DEVELOPMENTS AND FINANCE

CHAPTER III EMERGING MARKET DEVELOPMENTS AND FINANCE »

Source: Global Financial Stability Report, December 2002 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2002

ISBN: 9781589061927

Keywords: bond, bonds, derivatives markets, financial stability, financial institutions

Emerging market investor sentiment deteriorated sharply during the third quarter, and the external financing environment for emerging markets was singularly unsupportive. At the same time, investor apprehens...

Chapter III: Emerging Market Developments and Financing Prospect

Chapter III: Emerging Market Developments and Financing Prospect »

Source: Global Financial Stability Report, March 2003 : Market Developments and Issues

Series: Global Financial Stability Report

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 March 2003

ISBN: 9781589062108

Keywords: bond, bonds, bond issuance, capital markets, international capital markets

Eternal financial market developments—falling prices in the major equity markets, sharply widening credit spreads, high levels of actual and implied volatility, and a withdrawal of banks from risk taking in...