Describe the trading blocs that are used in classifying the world’s bonds markets.
Answer to relevant QuestionsThis excerpt, which discusses dual currency bonds, is taken from the International Capital Market, published in 1989 by the European Investment Bank: “The generic name of dual-currency bonds hides many different variations ...In the analysis of emerging market sovereign bonds, why is geopolitical significance important? What arguments are offered for investing in nondollar bonds? (a) What is meant by conforming limits? (b) What is a jumbo loan? What are the two primary factors in determining whether or not funds will be lent to an applicant for a residential mortgage loan?
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