Sovereign Default Risk Valuation
Author | : Jochen Andritzky |
Publisher | : Springer Science & Business Media |
Total Pages | : 261 |
Release | : 2006-11-23 |
ISBN-10 | : 9783540374497 |
ISBN-13 | : 3540374493 |
Rating | : 4/5 (97 Downloads) |
Download or read book Sovereign Default Risk Valuation written by Jochen Andritzky and published by Springer Science & Business Media. This book was released on 2006-11-23 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.