Pricing Average Price Options for the 1990 Mexican and Venezuelan Recapture Clauses
Download or Read eBook Pricing Average Price Options for the 1990 Mexican and Venezuelan Recapture Clauses PDF written by Stijn Claessens and published by World Bank Publications. This book was released on 1990 with total page 18 pages. Available in PDF, EPUB and Kindle.
Author | : Stijn Claessens |
Publisher | : World Bank Publications |
Total Pages | : 18 |
Release | : 1990 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Pricing Average Price Options for the 1990 Mexican and Venezuelan Recapture Clauses by : Stijn Claessens
Book excerpt: Pricing models are developed to value the recapture clauses in the 1990 Mexican and Venezuelan debt restructuring agreements. The current values of the recapture clauses are less than one- quarter of the maximum contractually possible and decrease as the standard deviation of the oil price increases.