Contract Risks and Credit Spread Determinants in the International Project Bond Market

Contract Risks and Credit Spread Determinants in the International Project Bond Market

International bond markets have become an increasingly important source of long-term capital for infrastructure projects in emerging market economies over the past decade. The Ras Laffan Liquified Natural Gas (Ras Gas) project represents a mileston...

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Bibliographic Details
Main Authors: Dailami, Mansoor, Hauswald, Robert
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ACCOUNTING
ASSETS
BALANCE SHEET
BANK LENDING
BANK LOANS
BONDS
BORROWING
BORROWING COSTS
CAPITAL INVESTMENT
CAPITAL MARKET
CAPITAL MARKETS
CASH FLOW
CASH FLOWS
COMMERCIAL BANKS
CONSTRUCTION
CONTAGION
CONTRACTUAL ARRANGEMENTS
CORPORATE FINANCE
CORPORATE GOVERNANCE
CREDIT LINE
CREDIT QUALITY
CREDIT RATING
CREDITOR
DEBT
DEBT COVENANTS
DEBT FINANCING
DEBT SECURITY
DEFAULT RISK
DIVIDENDS
ECONOMIC CIRCUMSTANCES
ECONOMICS
ECONOMIES OF SCALE
ELECTRICITY DEMAND
ELECTRICITY GENERATION
EMERGING MARKET ECONOMIES
EMPIRICAL ANALYSIS
EMPIRICAL EVIDENCE
EMPIRICAL INVESTIGATIONS
EMPIRICAL STUDIES
EXOGENOUS VARIABLES
FINANCIAL CONTRACTS
FINANCIAL CRISIS
FINANCIAL TRANSACTIONS
FORECASTS
FUTURE VALUE
IMPORTS
INSURANCE
LIENS
LIQUIDITY
MARKET RISK
MATURITIES
MONOPOLIES
MONOPOLY
MORAL HAZARD
OFFERINGS
OIL
OIL PRICES
PRIVATIZATION
PROJECT FINANCING
PROPERTY RIGHTS
PUBLIC DEBT
RISK FACTORS
RISK MANAGEMENT
RISK MODEL
RISK SHARING
SHAREHOLDERS
TOTAL COSTS
VALUATION
Online Access:http://documents.worldbank.org/curated/en/2001/11/1631789/contract-risks-credit-spread-determinants-international-project-bond-market
http://hdl.handle.net/10986/19496

Internet

http://documents.worldbank.org/curated/en/2001/11/1631789/contract-risks-credit-spread-determinants-international-project-bond-market
http://hdl.handle.net/10986/19496

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