Evolution of spreads on corporate external loans: the Peruvian case, 1992–1997
By Miguel Teodoro Cruz Labrín ; Patricia Tovar
December 1999
Language: Spanish
Abstract
Explanation of the evolution of spreads on external loans and the variation in the composition of loans according to their benchmark rate; it also highlights differences among local firms receiving external funds that suggest an explanation for the dispersion of spreads, in order to determine the extent to which the national economy benefited from this.