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Author : Great Britain: Parliament: House of Lords: Select Committee on the Constitution
Publisher : The Stationery Office
Page : 32 pages
File Size : 54,9 Mb
Release : 2006-03-28
Category : Political Science
ISBN : 0104008431
Third progress Report : Report with evidence, 9th report of Session 2005-06
Author : Anonim
Publisher : Unknown
Page : 78 pages
File Size : 52,5 Mb
Release : 1959
Category : Roads
ISBN : NWU:35556021252895
Author : International Monetary Fund. Legal Dept.,International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 12 pages
File Size : 46,5 Mb
Release : 2017-12-15
Category : Business & Economics
ISBN : 9781498346177
The IMF Executive Board endorsed in October 2014 the inclusion of key features of enhanced pari passu provisions and collective action clauses (CACs) in new international sovereign bonds.1 Specifically, the Executive Board endorsed the use of (i) a modified pari passu provision that explicitly excludes the obligation to effect ratable payments, and (ii) an enhanced CAC with a menu of voting procedures, including a “single-limb” aggregated voting procedure that enables bonds to be restructured on the basis of a single vote across all affected instruments, a two-limb aggregated voting procedure, and a series-by-series voting procedure.2 Directors supported an active role for the IMF in promoting the inclusion of these clauses in international sovereign bonds.3 The IMFC and the G20 further called on the IMF to promote the use of such clauses and report on their inclusion. Since that time, the IMF has published periodic progress reports on inclusion of the enhanced clauses.4 These reports found that since the Executive Board’s endorsement, substantial progress had been made in incorporating the enhanced clauses, with approximately 85 percent of new international sovereign bond issuances since October 2014 (in nominal principal amount) including such clauses. The reports also found that there was no observable market impact on inclusion of the enhanced clauses. However, the reports noted that the outstanding stock without the enhanced clauses remained significant, with issuers showing little appetite for liability management exercises to accelerate the turnover. This paper provides a further update on the inclusion of the enhanced clauses and on the outstanding stock of international sovereign bonds as of September 30, 2017. Section II reports on the inclusion of these enhanced provisions, finding that the vast majority of issuers are including these clauses, with only a few countries standing out against the market trend. Section II also provides an update on the outstanding stock, indicating that while the percentage of the outstanding stock with the enhanced clauses is increasing, a significant percentage of the stock still does not and little action has been taken by issuers to increase the rate of turnover. Section III briefly reports on the use of different bond structures, and Section IV describes the staff’s ongoing outreach efforts and next steps.
Author : Victoria. Parliament. Standing Committee on Railways
Publisher : Unknown
Page : 192 pages
File Size : 53,5 Mb
Release : 1901
Category : Water-supply
ISBN : NYPL:33433110124215
Author : John L. French
Publisher : Unknown
Page : 258 pages
File Size : 42,6 Mb
Release : 1961
Category : Culverts
ISBN : UOM:39015086510701
Author : Anonim
Publisher : Heinemann
Page : 136 pages
File Size : 41,7 Mb
Release : 1993
Category : English drama
ISBN : 0435232932
Author : United States. Army. Corps of Engineers. North Pacific Division
Publisher : Unknown
Page : 738 pages
File Size : 54,8 Mb
Release : 1976
Category : Fisheries
ISBN : CHI:48944630
Author : United States. Congress. Joint Committee on Housing
Publisher : Unknown
Page : 1552 pages
File Size : 52,6 Mb
Release : 1948
Category : Housing
ISBN : UIUC:30112119854088
Author : United States. Congress. House. Committee on Appropriations. Subcommittee on HUD-Independent Agencies
Publisher : Unknown
Page : 1212 pages
File Size : 49,5 Mb
Release : 1980
Category : United States
ISBN : STANFORD:36105009878328
Author : Mari Katayanagi
Publisher : Martinus Nijhoff Publishers
Page : 350 pages
File Size : 47,6 Mb
Release : 2002-09-25
Category : Law
ISBN : 9041119108
The United Nations peacekeeping has evolved as a practical measure for preserving international peace and security. Recent peacekeeping has two important features: the use of force which arguably exceeds self-defence on the one hand, and multifunctional operations on the other. The Security Council has started considering a wide range of factors including serious human rights violations as threats to international peace and security. Recognising the UN's principle to seek peaceful settlement which underlies the legality of peacekeeping, this research focuses on the human rights functions of multifunctional peacekeeping operations. Such functions have immense potential for enhancing conflict resolution through peaceful means. In order to illustrate these issues and the diverse practice of UN peacekeeping, the author of this book has dealt with four detailed case studies on El Salvador, Cambodia, Rwanda and the former Yugoslavia. The achievements, problems and defects experienced by different operations are analysed using the insights of the author's own experience in a peacekeeping operation.
Author : South Australia. Parliament
Publisher : Unknown
Page : 1106 pages
File Size : 49,5 Mb
Release : 1882
Category : South Australia
ISBN : CHI:096165262
Author : United States. President
Publisher : Unknown
Page : 32 pages
File Size : 40,5 Mb
Release : 1960
Category : Electronic
ISBN : STANFORD:36105022045889
Author : Anonim
Publisher : Unknown
Page : 1092 pages
File Size : 49,5 Mb
Release : 1968
Category : Education
ISBN : UCSC:32106020979347
Author : Anonim
Publisher : Unknown
Page : 98 pages
File Size : 45,8 Mb
Release : 1947
Category : Science
ISBN : UOM:39015086562876
Author : United States. Congress
Publisher : Unknown
Page : 1564 pages
File Size : 48,7 Mb
Release : 1960
Category : Electronic
ISBN : MINN:31951D02196687U