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dc.titleValuation of Credit Guarantees to State-owned Enterprises
dc.contributor.authorPrats Cabrera, Joan Oriol
dc.contributor.authorMoskovits, Cynthia
dc.contributor.orgunitConnectivity, Markets and Finance Division
dc.coverageColombia
dc.coverageDominican Republic
dc.coverageLatin America and the Caribbean
dc.date.available2020-07-08T00:00:00
dc.date.issue2020-07-08T00:00:00
dc.description.abstractGuarantees to back state-owned enterprise (SOE) borrowing are one of the most significant contingent liabilities that the public sector has had to face. Particularly in times of crisis, credit guarantees are an important solution for financing SOEs. It is, however, essential to fully measure their risks to adequately manage the public sector balance sheet. This note examines this question and presents a simple credit guarantee valuation methodology as a first step toward sound management of the financial risks linked to SOEs.
dc.format.extent31
dc.identifier.doihttp://dx.doi.org/10.18235/0002480
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Valuation-of-Credit-Guarantees-to-State-owned-Enterprises.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Valoracion-de-las-garantias-de-credito-a-empresas-publicas.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectCredit Guarantee
dc.subjectPublic Sector
dc.subjectState-Owned Enterprise
dc.subjectGross Domestic Product
dc.subjectContingent Liability
dc.subject.jelcodeL32 - Public Enterprises • Public-Private Enterprises
dc.subject.jelcodeH81 - Governmental Loans • Loan Guarantees • Credits • Grants • Bailouts
dc.subject.jelcodeC51 - Model Construction and Estimation
dc.subject.keywordsstate-owned enterprises;contingent liabilities;guarantees;Methodology;valuation
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-01947
idb.operationRG-T2860
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