Development Financing During a Crisis: Securitization of Future Receivables
Suhas Ketkar · Dilip Ratha
Jan 2001 · World Bank Publications
Ebook
33
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About this ebook
Market placements backed 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.
Market placements backed 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 exter...
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