{
  "title": "Collateralized Transactions: Key Considerations for Public Lenders and Borrowers",
  "publication": "Policy Papers, February 19, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2020/02/19/collateralized-transactions-key-considerations-for-public-lenders-and-borrowers-49063",
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  "summary": "In a response to a request from the G20 IFA Working Group, this note provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective.",
  "sections": [
    {
      "heading": "Overview and Purpose",
      "content": "- Provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective.\n- Prepared in response to a request from the G20 IFA Working Group.\n- Draws on work of the IMF and World Bank."
    },
    {
      "heading": "Key Findings",
      "content": "- The availability of collateralized financing can be beneficial to a developing country borrower under a range of circumstances.\n- The analysis also points to pitfalls associated with collateralized financing that can affect development outcomes."
    },
    {
      "heading": "Scope and Subjects Covered",
      "content": "- Subjects: Collateral, Government debt management, Loans, Oil, Securities\n- Keywords: asset, borrower, lender, PP, receivables\n- Publication details:\n  - Pages: 16\n  - Volume: 2020\n  - Issue: 010\n  - Series: Policy Paper No. 2020/010\n  - DOI: https://doi.org/10.5089/9781513530703.007\n  - Stock No: PPEA2020010\n  - ISBN: 9781513530703\n  - ISSN: 2663-3493\n  - Publication date: February 19, 2020"
    },
    {
      "heading": "Implications for Policy and Practice",
      "content": "- Public lenders and borrowers should use the provided framework to:\n  - Assess when collateralized financing may yield net benefits for development objectives.\n  - Identify and mitigate potential pitfalls associated with collateralization of assets (including oil, receivables, and securities).\n  - Integrate collateral considerations into government debt management strategies."
    },
    {
      "heading": "Recommended Use",
      "content": "- Use the note as a practical assessment tool to inform decisions on collateralized transactions in public financing, taking into account country-specific development goals and risk exposures.\n\nInternational Monetary Fund and World Bank. Collateralized Transactions: Key Considerations for Public Lenders and Borrowers. Policy Paper No. 2020/010 (February 19, 2020).\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2020/02/19/collateralized-transactions-key-considerations-for-public-lenders-and-borrowers-49063"
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    "Published: February 19, 2020",
    "Series: Policy Papers",
    "Volume: 2020",
    "Issue: 010",
    "Pages: 16",
    "DOI: https://doi.org/10.5089/9781513530703.007",
    "Stock No: PPEA2020010",
    "ISBN: 9781513530703",
    "ISSN: 2663-3493",
    "Provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective.",
    "Prepared in response to a request from the G20 IFA Working Group.",
    "Draws on work of the IMF and World Bank.",
    "The availability of collateralized financing can be beneficial to a developing country borrower under a range of circumstances.",
    "The analysis also points to pitfalls associated with collateralized financing that can affect development outcomes.",
    "Subjects: Collateral, Government debt management, Loans, Oil, Securities",
    "Keywords: asset, borrower, lender, PP, receivables",
    "Publication details:",
    "Public lenders and borrowers should use the provided framework to:",
    "Use the note as a practical assessment tool to inform decisions on collateralized transactions in public financing, taking into account country-specific development goals and risk exposures.",
    "**Policy Paper**"
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