Optimal Currency Composition of Foreign Debt The Case of Five Developing Countries
Many developing countries lack access to future and option markets to hedge the enormous risks arising from the currency exposure of their foreign debt. And even if these markets are accessible, their maturities are often too short compared to the maturities of long-term debt. The important hedging...
Main Author: | |
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Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
1990.
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Series: | OECD Development Centre Working Papers,
no.23. |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705455606719 |