Development financing during a crisis securitization of future receivables

Market placements by future receivables can allow public and private sector entities in a developing country to escape the sovereign credit ceiling and raise lower-cost financing from international capital markets. If planned and executied ahead of time, such transactions can sustain external financ...

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Bibliographic Details
Main Author: Ketkar, Suhas
Corporate Author: World Bank Economic Policy and Prospects Group
Other Authors: Ratha, Dilip
Format: eBook
Language:English
Published: World Bank, Economic Policy and Prospects Group 2001
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Market placements by future receivables can allow public and private sector entities in a developing country to escape the sovereign credit ceiling and raise lower-cost financing from international capital markets. If planned and executied ahead of time, such transactions can sustain external financing even during a crisis
Item Description:"April 2001. - Includes bibliographical references (p. 30). - Title from title screen as viewed on Sept. 13, 2002