ХАРАКТЕРИСТИКИ И ОСОБЕНОСТИ НА ОБВЪРЗАНИТЕ С ИКОНОМИЧЕСКИЯ РАСТЕЖ ОБЛИГАЦИИ
CHARACTERISTICS AND FEATURES OF ECONOMIC GROWTH RELATED BONDS

Author(s): Ivaylo Mihaylov
Subject(s): Economy, Business Economy / Management, Financial Markets
Published by: Икономически университет - Варна
Keywords: debt management; economic growth; indexed bonds
Summary/Abstract: The global financial crisis since the beginning of the century has ushered in a new era of extremely low interest rates and contributed to a significant increase in global debt. The main problem facing the global economy today is the extent to which countries have fiscal space and, accordingly, what changes in economic policy are required to achieve debt sustainability. A good solution to this problem is the issue of economic growth indexed bonds. The purpose of this article is to review the characteristics and features of this instrument and, on this basis, to make recommendations for their implementation in debt management.

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