International Dimensions of Eme Corporate Debt

13 Pages Posted: 12 Jun 2020

See all articles by Stefan Avdjiev

Stefan Avdjiev

Bank for International Settlements (BIS)

Patrick McGuire

Bank for International Settlements (BIS)

Goetz von Peter

Bank for International Settlements - Research and Policy Analysis

Date Written: June 3, 2020

Abstract

International credit can be fickle and subject to sudden stops during periods of global economic stress. Non-financial corporate borrowers that rely on credit from abroad are vulnerable to reversals in capital flows. Similarly, corporates that borrow in foreign currency may face problems rolling over their debt when the local currency depreciates or global dollar funding conditions tighten. This feature draws on several BIS data sets to examine corporates' external and foreign currency debt for key emerging market economies on the eve of the Covid-19 outbreak.

JEL Classification: F34, F65

Suggested Citation

Avdjiev, Stefan and McGuire, Patrick M. and von Peter, Goetz, International Dimensions of Eme Corporate Debt (June 3, 2020). BIS Quarterly Review, June 2020, Available at SSRN: https://ssrn.com/abstract=3623387

Stefan Avdjiev (Contact Author)

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Patrick M. McGuire

Bank for International Settlements (BIS) ( email )

CH-4002 Basel, Basel-Stadt
Switzerland

Goetz Von Peter

Bank for International Settlements - Research and Policy Analysis ( email )

CH-4002 Basel, Basel-Stadt
Switzerland
+ 41 61 280 8840 (Phone)

HOME PAGE: http://www.bis.org/author/goetz_von_peter.htm

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
86
Abstract Views
370
rank
366,982
PlumX Metrics