Does Sdds Subscription Reduce Borrowing Costs for Emerging Market Economies

Article, Preprint OPEN
John Cady;
(2004)
  • Journal: IMF Staff Papers,volume 52,pages6-6
  • Subject: International capital markets;Transparency;Standards and codes;Sovereign debt and yield spreads, data transparency, SDDS, bond, capital markets, international capital, bonds, International Monetary Arrangements and Institutions, International Lending and Debt Problems,
    • jel: jel:C22 | jel:F34 | jel:F33

Does macroeconomic data transparency-as signaled by subscription to the IMF's Special Data Dissemination Standard (SDDS)-help reduce borrowing costs in international capital markets? This question is examined using data on new issues of sovereign foreign-currency-denomi... View more
  • References (11)
    11 references, page 1 of 2

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    Institute for International Finance, 2002, IIF Action Plan Proposals and Dialogue with the Private Sector, Appendix D, “Does Subscription to the IMF's Special Data Dissemination Standard Lower a Country's Credit Spread?” (Washington).

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