Series: IMF Working Papers
Author(s): Magdalena Polan , Parmeshwar Ramlogan , and Carlos Medeiros
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
Keywords: debt buybacks, debt swaps, net advantage, strategic benchmarks, bond, capital market, bonds, capital markets, domestic capital,
This paper sets forth some basic principles that could help debt managers in emerging market and other countries to plan and implement sovereign debt buyback and swap operations. It discusses the macroeconomic cont...