Debt Equity Conversions and NPL Securitization in China : Some Initial Considerations

Author/Editor:

James Daniel ; Jose M Garrido ; Marina Moretti

Publication Date:

April 26, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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.

Series:

Technical Notes and Manuals No. 2016/05

Subject:

English

Publication Date:

April 26, 2016

ISBN/ISSN:

9781513524153/

Stock No:

TNMEA2016005

Price:

$10.00 (Academic Rate:$10.00)

Format:

Paper

Pages:

9

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