Series: IMF Working Papers
Author(s): Magdalena Polan , Udaibir Das , and Michael Papaioannou
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2008
Keywords: international bonds, low-income countries, bond, bonds, international bond, bond issue, international capital,
The recent round of debt relief has restored debt sustainability in many low-income countries (LICs). This, along with a continued search for yield and desire for portfolio diversification by investors, has increas...