Commodity-linked bonds as an innovative financing instrument for African countries to build back better
Commodity-linked bond, a type of state contingent claims, presents an innovative tool for African countries to mobilize resources on the international capital markets. Given their colossal financing needs, which has been worsened by the COVID-19 pandemic, African countries need to put in place innov...
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Format: | Article |
Language: | English |
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AIMS Press
2021-06-01
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Series: | Quantitative Finance and Economics |
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Online Access: | https://www.aimspress.com/article/doi/10.3934/QFE.2021023?viewType=HTML |