Abstract:
Sovereign debt defaults, Sovereign risk, Debt buyback arrangements, Eurobond markets, Bond issues, Econometric models, sovereign default, Eurobonds, red bonds, blue bonds, voluntary debt exchange, debt reduction, sovereign bonds, bondholders, debt exchanges, bond price, moral hazard, debt stock, long-term debt, bond prices, debt market, debt dynamics, risk-free interest rate, debt renegotiations, bond issuances, debt reductions, bond yield, central banks, short-term debt, term bonds, private sector creditors, financial institutions, debt contracts, present value, amount of debt, current account, financial stability, bond covenants, debt portfolio, safe bonds, long-term bonds, government debt
