Credit analyzing for government debt Flashcards
1
Q
5 Qualitative factors of creditworththiness
A
. Institution and policy
. Monetary effectiveness
. Fiscal flexibility
. Economic flexibility
. External status
2
Q
3 Quantitative factors of creditworththiness
A
. Fiscal Strength
. Economy growth
. External stability
3
Q
non sovereign gov, debt issuers
A
agencies(fondo mi vivienda)
gov sectors(banco agrario)
supranational
regional gov
4
Q
GO bond vs Revenue bond
A
Go bond is backed by taxes, and have less spread than revenue bonds because revenue bonds is only backed by the casflows of the project.