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Commodity risk management and finance / Theophilos Priovolos and Ronald C. Duncan, editors. - xii, 173 pages : illustrations ; 25 cm.

Includes index

Includes bibliographical references (p. 157-167)

Introduction --
Theophilos Priovolos and Ronald C. Duncan --
Experience with commodity-linked issues / Theophilos Priovolos --
The demand for commodity bonds / Moctar A. Fall --
A review of methods for pricing commodity-linked securities / Theophilos Priovolos --
Pricing commodity bonds using binomial option pricing / Raghuram Rajan --
Optimal external debt management with commodity-linked bands / Robert J. Myers and Stanley R. Thompson --
Integrating commodity and exchange rate risk management : implications for external debt management / Stijn Claessens --
Hedging with commodity-linked bonds under price risk and capital constraints / Richard J. Ball and Robert J. Myers --
Financial instruments for consumption smoothing by commodity-dependent exporters / Brian Wright and David Newbery --
Securitizing development finance : the role of partial guarantees and commodity contingency / Ronald Anderson, Christopher Gilbert, and Andrew Powell --
Conclusion / Theophilos Priovolos and Ronald C. Duncan.

Outlines the advantages that commodity-linked financial measures have in the external financing of developing countries over foreign-currency-dominated, general obligation borrowing or direct foreign investment.

ISBN: 0195208676 (Oxford University Press)

LCCN: 90025115

Subjects--Topical Terms:
Commodity-backed bonds.
Debts, External--Developing countries.

LC Class. No.: HG4651 / .C694 1991

Dewey Class. No.: 338.02