Picture 1 of 1

Stock photo

Sovereign Default Risk Valuation: Implications of Debt Crises and Bond Restructu - Picture 1 of 1

Sovereign Default Risk Valuation: Implications of Debt Crises and Bond Restructurings by Jochen Andritzky (Paperback, 2006)

plsshipfast (11324)

98.7% positive Feedback

Price:

£56.33

Free postage

Estimated delivery Fri, 1 Aug - Sat, 9 Aug

Returns:

30 days return. Buyer pays for return postage. If you use an eBay delivery label, it will be deducted from your refund amount.

Condition:

New

Solutions range from a voluntary debt swap to a soft or hard restructuring. This book shows why investors should reckon with similar credit events in the future.Insights gained from recent restructurings inspire the design of a valuation model for sovereign bonds.

About this product

Product Information

Past cycles of sovereign lending and default suggest that debt crises will recur at some point. This book shows why investors should reckon with similar credit events in the future. Surveying the sovereign bond market, the author provides investors with a useful toolkit for analyzing sovereign bonds and foreseeing trends in the international financial architecture. The result should be a better understanding of debt crises and more deliberate investment decisions.