Results 201 to 210 of about 1,091 (252)

Breaking barriers, changing paradigms: Africa's radical agenda for HIV sustainability. [PDF]

open access: yesFront Reprod Health
Chola M   +12 more
europepmc   +1 more source

Interest Rate Swaps and Corporate Financing Choices

open access: closedThe Journal of Finance, 1992
ABSTRACTThis paper describes the firm's decision to borrow short‐term versus long‐term and shows how the introduction of interest rate swaps affects this choice. The model shows that in the absence of a swap market, interest rate uncertainty can lead firms to substitute long‐term for short‐term financing.
Sheridan Titman
openaire   +2 more sources

Debt-for-Nature Swaps Financing Water Security and Green Growth

open access: closed, 2023
Abstract Many developing countries have large international debts, and debt servicing absorbs a significant proportion of total budget expenditure. The large scale of the debt contributes significantly to environmental degradation and the deterioration of the natural resource base. Furthermore, post-COVID-19 economic recovery costs could
Robert C. Brears
openaire   +2 more sources

Risk transfer in project finance loans for toll road using credit default swaps

open access: closedJournal of Financial Management of Property and Construction, 2022
Purpose The purpose of this paper is to demonstrate the applicability of the Credit Default Swaps (CDS), as a financial instrument, for transferring of risk in project finance loans. Also, an equation has been derived for pricing of CDS spreads. Design/methodology/approach The debt service cover ratio (DSCR) is modeled as a Brownian Motion (BM) with
Wei Yang, Afshin Firouzi, Chun-Qing Li
openaire   +2 more sources

Cross Border Financing Scheme Design under the RMB Currency Swap Framework

open access: closed2009 IEEE International Conference on e-Business Engineering, 2009
During current economic downturn, China has rolled out stimulus plans to facilitate domestic demand development, adjusting her export trade policy. This has affected many Hong Kong invested enterprises in Pearl River Delta (PRD), facing difficulties to transform and upgrade, with new opportunities as well to develop China’s domestic market. Among them,
Zongwei Luo
openaire   +2 more sources

Infrastructure financing with project bond and credit default swap under public-private partnerships

open access: closedInternational Journal of Project Management, 2017
Abstract This paper elaborates the use of project bonds and a credit default swap (CDS) in infrastructure financing under public-private partnerships (PPPs). First, a structural model is presented and calibrated using market data to estimate the default probability of a project company in a PPP project, which lays the foundation for determining the ...
Shuai Li, Dulcy Abraham, Hubo Cai
openaire   +2 more sources

Currency Swaps As a Long-Term International Financing Technique [PDF]

open access: possibleJournal of International Business Studies, 1984
This paper provides a theoretical framework to evaluate the currency swap transactions initiated by the World Bank in 1981 to obtain long-term funds in low-interest German marks and Swiss francs in exchange for high-interest dollar loans. Unique in its concept as a combination of a traditional currency swap and a debt swap, this new technique is found ...
openaire   +1 more source

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