In times of distress when a country loses access to markets, there is evidence that credit default swap (CDS) spreads …

This paper makes contributions to the study of bilateral swap lines (BSLs). First, this paper fills a BSL information …

often overlooked, component of these costs is the basis spread in the cross-currency swap market that emerges when there are … other currencies on a hedged basis via cross-currency swap markets. These deviations can be explained by regulatory changes …

plan and implement sovereign debt buyback and swap operations. It discusses the macroeconomic context in which buybacks and … particular buyback or swap operation and for selecting among alternative operations, and some key issues in the determination of … sovereign debt buyback and swap operations, since very little work has been done in this area. In this regard, the paper …