Does Debt Management Matter? YES

Does Debt Management Matter? YES

Debt management can reduce financial vulnerability by limiting liquidity, and rollover risks. This note reviews Argentina's debt management strategy, towards improving the country's credit rating to an investment grade, providing flexibil...

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Bibliographic Details
Main Author:	Kiguel, Miguel A.
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ARBITRAGE BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BONDS BORROWING BORROWING COSTS CAPITAL CONTROLS CAPITAL MARKET CAPITAL MARKETS CENTRAL BANK CONTINGENT LIABILITIES CREDIT LINE CREDIT RATING DEBT DEPOSITS DEVALUATION DEVELOPMENT ECONOMICS ECONOMICS EXCHANGE RATES EXPORTS FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL MARKETS FISCAL DEFICITS GDP GOVERNMENT BONDS INFLATION INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL BANKS INTERNATIONAL RESERVES LENDER OF LAST RESORT LIQUIDITY MONEY MARKET FUNDS MORAL HAZARD MORTGAGE PRUDENTIAL REGULATION PUBLIC DEBT SECURITIES SOLVENCY STOCKS T-BILLS TRADING TRANSACTIONS COSTS TRANSPARENCY VOLATILITY VULNERABILITY DEBT MANAGEMENT FINANCIAL CRISES FINANCE & DEBT CREDIT RATINGS INVESTMENT INCENTIVES LIQUIDITY RATIO FLEXIBLE PRICING POLICY OPPORTUNITY COSTS RISK MANAGEMENT DOMESTIC DEBT DEBT FINANCING PRUDENTIAL REGULATIONS BANKING DISTRESS PRIVATE DEBT DEBT STOCKS FLOW RATE CURRENT ACCOUNT DEFICITS
Online Access:	http://documents.worldbank.org/curated/en/1999/02/717483/debt-management-matter-yes http://hdl.handle.net/10986/11496

Internet

http://documents.worldbank.org/curated/en/1999/02/717483/debt-management-matter-yes
http://hdl.handle.net/10986/11496