HOW TO UPDATE THE I NTERNAL PUBLIC DEBT FORGOTTEN BY THE GOVERNMENT IN PERU

How to update the debt of the Bonds for Reconstruc-tion and Development Bonds issued by the Peruvian Government in currencies that were withdrawn from circulation ? Constitutes the problem that this article trying to explain. The operation requires updating previously discerning about the good of ec...

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Detalles Bibliográficos
Autor: Avelino Sánchez, Esteban Marino
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:Perú
Institución:Universidad Nacional Mayor de San Marcos
Repositorio:Revistas - Universidad Nacional Mayor de San Marcos
Idioma:español
OAI Identifier:oai:revistasinvestigacion.unmsm.edu.pe:article/11036
Acceso en línea:https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/11036
Access Level:acceso abierto
Palabra clave:Forgot the domestic public debt
reconstruction bonds
development bonds
Update bonds
overvaluation of debt
Deuda pública interna olvidada
bonos de reconstrucción
bonos de desarrollo
actualización de bonos
sobrevaloración de la deuda.
Descripción
Sumario:How to update the debt of the Bonds for Reconstruc-tion and Development Bonds issued by the Peruvian Government in currencies that were withdrawn from circulation ? Constitutes the problem that this article trying to explain. The operation requires updating previously discerning about the good of economic and the in-dicators for value to be applied in the calculations; in that sense, we propose two methods: Update the US dollar, dollarized debt at the date of issuance of the bonds, plus interest, and updating debt IPC; with which it sums are reasonable; however, expectations fade bondholders reconstruction and development bonds, excited by outsized financial same active low amount of values exposed to hyperinflation; some believe that their purchasing power increased by tens of millions, when in fact hyperinflation has effects opposite direction.