000 00906naa a2200181Ia 4500
008 160503s9999 xx 000 0 und d
001 art0733
100 _aMcMiken, Evanor D.
245 _aPredicting discounts of secondary market sovereign debts/
300 _ap.89
490 _aVol. 22 No. 1 First Sem 1995
520 _aThis paper assesses the Institutional Investor Country Risk Rating (IICR) to analyze whether secondary market prices are reliable indicators of debt values. It starts with the conviction that the rating scores are reasonable measure of banker's perceptions of the country's creditworthiness. Regression results indicate illiquidity of the secondary market.
650 _aDebt crisis - Philippines
650 _aPIDS JPD 1995
773 _w0115-9143
_tJournal of Philippine Development
856 _uhttp://dirp3.pids.gov.ph/ris/pjd/pidsjpd95-1debts.pdf
942 _cART
_2MT
999 _c7163
_d7163