Debt Equity Conversions and NPL Securitization in China Some Initial Considerations

This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but getting their design right is critical, as is nesting the...

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Bibliographic Details
Main Author: Daniel, James
Other Authors: Garrido, Jose, Moretti, Marina
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2016
Series:Technical Notes and Manuals
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but getting their design right is critical, as is nesting them within a comprehensive, system-wide, plan
Physical Description:9 pages
ISBN:9781513524153