소장기록
제목Letter to Wanda
설명국채 발행, 현금흐름 데이터 확보, 미래 현금흐름 추산 점검, 인원편성 등 여러 실무 안건에 대한 의견을 주고 받는 서신. 1) On the 10y bond. I am not convinced ?? their assignments. Everybody already knows they have no reserves. If they supply $300-400 to the market, the most urgernt demand is ??, and the rate need not so in to a free fall. If is does, a "circuit breaker" is not needed, they can close the market any times they wish. Please advise to whom I should best talk on this. 2) We must have most transparent cash flow data over the next critical days. We don't necessarily ?? to stick to the Korea formant since neighter BOK nor IMF publishes this. The present revenue table is anything but a model of ??. ?? at fri 12 DEC. these is a decline in deposit with branches of 3.5 and cash supprt to branches to 0.7, what happend actually? there is intervention of 0.3 as a changein usuable reserves. 3) ? cash flow projecting should also be reviewed on a daily basis : since there are daily rollover at certain maturities, future amounts falling due change con??. we need to know therefore, from a sample of banks/branches (1) the new maturities of the amouns rolled over and (2) the interest rate I fear that the Jan / Feb sh-t debt flow were projected on the basis of original maturities and that the amounts rolled over in No and Dec were not included (this would ?? be next if rollover had a maturity over 3 mounths wich I doubt). ... 4) finally, the new PDR man should join in teh cash flow effort. this is considered a huge prirority here with Management and Board, we also need it since we are se?? involved in the efforts on a syndicated loan and banks wait to have management's view on the FX situation.
생산자-
날짜1997-12-13
기록유형문서류
기록형태일반문서
주제IMF협상
식별번호KC-R-05990
제목Letter to Wanda
설명국채 발행, 현금흐름 데이터 확보, 미래 현금흐름 추산 점검, 인원편성 등 여러 실무 안건에 대한 의견을 주고 받는 서신. 1) On the 10y bond. I am not convinced ?? their assignments. Everybody already knows they have no reserves. If they supply $300-400 to the market, the most urgernt demand is ??, and the rate need not so in to a free fall. If is does, a "circuit breaker" is not needed, they can close the market any times they wish. Please advise to whom I should best talk on this. 2) We must have most transparent cash flow data over the next critical days. We don't necessarily ?? to stick to the Korea formant since neighter BOK nor IMF publishes this. The present revenue table is anything but a model of ??. ?? at fri 12 DEC. these is a decline in deposit with branches of 3.5 and cash supprt to branches to 0.7, what happend actually? there is intervention of 0.3 as a changein usuable reserves. 3) ? cash flow projecting should also be reviewed on a daily basis : since there are daily rollover at certain maturities, future amounts falling due change con??. we need to know therefore, from a sample of banks/branches (1) the new maturities of the amouns rolled over and (2) the interest rate I fear that the Jan / Feb sh-t debt flow were projected on the basis of original maturities and that the amounts rolled over in No and Dec were not included (this would ?? be next if rollover had a maturity over 3 mounths wich I doubt). ... 4) finally, the new PDR man should join in teh cash flow effort. this is considered a huge prirority here with Management and Board, we also need it since we are se?? involved in the efforts on a syndicated loan and banks wait to have management's view on the FX situation.
생산자-
날짜1997-12-13
크기 및 분량3쪽
언어영어
출처IMF
기록유형문서류
기록형태일반문서
대주제IMF협상
소주제2차협상
IMF주제분류Republic of Korea Program (2 of 2)
파일 051540aff920b1c05c65d39ddbd8d9d2.pdf
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