Foreign long term government loans of Serbia 1862-1914

The paper gives an overview of foreign government loans to Serbia from 1862 to 1914. It considers the reasons for borrowing abroad and the conditions under which foreign banks placed Serbian government bonds on the European capital markets. Special attention is paid to the phenomenon of foreign government loans issued below par. Also, an analysis is made of the relationship between the stability of government finances and effective interest rates.

MoreLess

Year of publication:	2009-03
Authors:	Gnjatović, Dragana
Institutions:	Narodna Banka Srbije
Subject:	Foreign Government Loans \| Government Bonds Issued Below Par \| Serbia 1862-1914

More details

Extent:	application/pdf
Series:	SEEMHN papers.
Type of publication:	Book / Working Paper
Notes:	The paper was presented at the Fourth Annual SEEMHN Conference hosted by the National Bank of Serbia, 27 March 2009 in Belgrade. The price is Free Number 11 21 pages
Classification:	H63 - Debt; Debt Management ; N13 - Europe: Pre-1913 ; N23 - Europe: Pre-1913
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011019220