Market based debt reduction agreements:
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Luca Barbone; Lorenzo Forni
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Article
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2001
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John Wiley and Sons
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English
โ 146 KB
## Abstract This paper analyzes some aspects of the workings of the Brady bond (restructured Less Developed Countries debt) market. It concentrates on the effects of the December 1994 Mexican crisis on the risk assessment (as measured by the __stripped spread__) of Poland, another Brady country. Th