Search Results

Your search found 39 documents


Counterparty Risk in the Over-The-Counter Derivatives Market

Author/Editor: Manmohan Singh, Miguel A. Segoviano Basurto.

Release Date:November, 2008

The financial market turmoil of recent months has highlighted the importance of counterparty risk. Here, we discuss counterparty risk that may stem from the OTC derivatives markets and attempt to more...



Price: $18.00
Use of Participatory Notes in Indian Equity Markets and Recent Regulatory Changes

Author/Editor: Manmohan Singh.

Release Date:December, 2007

This paper focuses on the use of participatory notes (PNs) by foreign investors, as a conduit for portfolio flows into Indian equity markets for more than a decade. The broadening of India's foreign more...



Price: $18.00
Testing Real Interest Parity in Emerging Markets

Author/Editor: Abhisek Banerjee, Manmohan Singh.

Release Date:November, 2006

The paper finds significant deviations between short-term emerging market real interest rates and world real interest rates primarily due to the inflationary expectations of the local investor base. more...



Price: $18.00
The Pricing of Credit Default Swaps During Distress

Author/Editor: Manmohan Singh, Jochen R Andritzky.

Release Date:November, 2006

Credit default swaps (CDS) provide the buyer with insurance against certain types of credit events by entitling him to exchange any of the bonds permitted as deliverable against their par value. more...



Price: $18.00
Overpricing in Emerging Market Credit-Default-Swap Contracts : Some Evidence from Recent Distress Cases

Author/Editor: Jochen R Andritzky, Manmohan Singh.

Release Date:June, 2005

Since recent debt restructurings that constitute credit events have been more frequent than outright defaults, sovereign bond prices may not collapse during distress. In this case, the likely high more...



Price: $15.00
Insurance Companies in Emerging Markets

Author/Editor: Janet Kong, Manmohan Singh.

Release Date:May, 2005

This paper focuses on asset allocation decisions of life insurance companies in emerging markets. Mature market insurers allocate only a small fraction of their assets to emerging markets because of more...



Price: $15.00
Japan's Distressed-Debt Market

Author/Editor: Kazunari Ohashi, Manmohan Singh.

Release Date:May, 2004

Sizable risk capital from outside may be necessary to accelerate Japan's corporate restructuring to replace the stock of impaired bank loans. To attract risk capital, impaired loans must find more...



Price: $15.00
Are Credit Default Swaps Spreads High in Emerging Markets : An Alternative Methodology for Proxying Recovery Value

Author/Editor: Manmohan Singh.

Release Date:December, 2003

In times of distress when a country loses access to markets, there is evidence that credit default swap (CDS) spreads are a leading indicator for sovereign risk than the EMBI+ sub-index for the more...



Price: $15.00
Recovery Rates From Distressed Debt : Empirical Evidence From Chapter 11 Filings, International Litigation, and Recent Sovereign Debt Restructurings

Author/Editor: Manmohan Singh.

Release Date:August, 2003

On a credit rating-adjusted basis, spreads on U.S. high-yield debt have typically been regarded as a lower bound for emerging market debt. However in the C-rated and defaulted segment, emerging more...



Price: $15.00
Prev 1 2 3 4  Next