Valuation of Debt Indexed to Real Values I. The case of the Argentinean Growth Coupon: a Simple Mode

This paper is the first of a series of works whose aim is trying to provide a framework for the understanding and valuation of debt indexed to real (gener- ally non-tradable) variables. In particular, in the present paper we develop a methodology to analytically value the new GDP-linked Argentinean warrant.

Valuation of Debt Indexed to Real Values I - The Case of the Argentinean Growth Coupon: A Simple Mode

This paper is the first of a series of works whose aim is trying to provide a framework for the understanding and valuation of debt indexed to real (generally non-tradable) variables. In particular, in the present paper we develop a methodology to analytically value the new GDP-linked Argentinean warrant