Title Issuing government bonds to finance bank recapitalization and restructuring : design factors that affect banks' financial performance / Michael Andrews

Published [Washington, D.C.] : International Monetary Fund, ©2003

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Description 1 online resource (30 pages) Series IMF policy discussion paper ; PDP/03/4 IMF policy discussion paper ; PDP/03/4 Summary Annotation Bonds issued by the government or government agencies are often used to finance bank restructuring following a systemic crisis. Many conflicting considerations affect the design of the bonds used to pay for public sector investment in bank equity or the purchase of distressed assets from banks. Some bond features can leave restructured banks facing significant risks, laying the foundation for future banking sector problems. Sovereign default makes publicly financed bank restructuring more difficult, but it is still possible to carry out if banks receive sufficient interest income to provide a margin over their cost of funds Notes "November 2003." "Monetary and Financial Systems Department." Bibliography Includes bibliographical references Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL English Online resource; title from PDF file (viewed Feb. 24, 2004) digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Subject Bank failures -- Government policy Government securities. Bank management. Debts, Public -- Management Bank failures. Bank failures Bank failures -- Government policy Bank management Debts, Public -- Management Government securities Form Electronic book Author International Monetary Fund. Monetary and Financial Systems Department, issuing body LC no. 2004615369 ISBN 9781451973662 1451973667 1455223484 9781455223480

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