Modeling Sovereign Yield Spreads: A Case Study of Russian Debt
Preprint
- 1 January 2001
- preprint
- Published by Elsevier in SSRN Electronic Journal
- Vol. 58 (1)
- https://doi.org/10.2139/ssrn.276191
Abstract
We construct a model for pricing sovereign debt that accounts for the risks of both default and restructuring, and allows for compensation for illiquidity. UsinKeywords
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