The International Monetary Fund said on Nov. 19 that state-contingent debt instruments, such as warrants linked to economic growth, should be more widely used in sovereign debt restructurings, and offered in a more standardized format. Such instruments would offer holders higher payouts when economic conditions improved.
The Washington-based international lender said these instruments had not been used frequently partly because their bespoke designs and illiquidity meant investors tended to discount their value heavily. The IMF said these instruments could be made more attractive by standardizing terms and linking payouts to variables over which the government had less control, such as commodity prices.
The Group of 20 major developed and emerging nations on Nov. 13 agreed on a common approach to restructuring government debt that provides guidelines for how to reduce or otherwise alter the terms of unsustainable debt.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Costa Rica is struggling to maintain its welfare stateThe covid-19 pandemic has turned unsustainable generosity into a debt crisis | The Americas had a double mind when i wanted to invest but i thank God 🙏 i have invested with the right account manager kellybrian_ i got my money back with profit just as he said, i want everyone to start investing with kellybrian_ he's the best trader. A precursor to what's going to happen in Biden's US, perhaps?
Source: TheEconomist - 🏆 6. / 92 Read more »
Why jobless-claims data give little insight into America’s economyTo get the measure of America’s labour market, look elsewhere than unemployment claims If it's a 'labour market' it's not American 🤣
Source: TheEconomist - 🏆 6. / 92 Read more »
Emerging-Market Borrowing Boom Sparks Concerns Over Debt LoadsDeveloping economies borrowed at a blistering pace at the start of the year after a record 2020, prompting investors to question whether they are building up debt problems for the future. This debt bomb is a MOAB, the mother off all bombs. How is WSB any different than when Boomer jimcramer goes on MadMoneyOnCNBC giving out stock advice to prescreened callers Isn’t this also pumping stock? Where is his DD WSB DD is free for all to use.
Source: WSJ - 🏆 98. / 63 Read more »
Here’s another sign that markets have gone nuts and everyone is chasing everythingThe explosion of margin debt is another sign of markets out of control, says one blogger.
Source: MarketWatch - 🏆 3. / 97 Read more »
IMF Boosts Global Growth Forecast To 6% But Warns Of Unequal RecoveryIMF boosts global growth forecast to 6%, but warns that some countries won't share in the gains That’s normal — some countries won’t be able due to their economies. IMFNews Check out how to earning $50 my Gig on Fiverr: design cosmetic label, cbd , bottle label, product packaging
Source: Forbes - 🏆 394. / 53 Read more »