The Determinants of Up-Front Fees on Bank Loans to LDC Sovereigns.
The paper explores the determinants of up-front fees on sovereign bank loans. Remuneration of bank loans is typically channelled through the floating interest benchmark, the interest spread, and a battery of fees. There is substantial evidence of the spread paying for long-run sovereign repayment ca...
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| Format: | Working paper |
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Department of Economics (University of Oxford)
2001
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