Abstract

  
 

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The Nature of Credit Risk in Project Finance


Marco Sorge


World Bank Group - International Finance Corporation
December 1, 2011

BIS Quarterly Review

Abstract:     
In project finance, credit risk tends to be relatively high at project inception and to diminish over the life of the project. Hence, longer-maturity loans would be cheaper than shorter-term credits.

Number of Pages in PDF File: 12

JEL Classification: F34, G12, G28, G32

Accepted Paper Series


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Date posted: December 3, 2011  

Suggested Citation

Sorge, Marco, The Nature of Credit Risk in Project Finance (December 1, 2011). BIS Quarterly Review . Available at SSRN: http://ssrn.com/abstract=1967464

Contact Information

Marco Sorge (Contact Author)
World Bank Group - International Finance Corporation ( email )
2121 Pennsylvania Avenue, NW
Washington, DC 20433
United States
Feedback to SSRN (Beta)


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