What can one consider alleged corruption in a presidential election in an emerging market country or the change in finance minister in an emerging market country headline risk? (Headline risk was described in a prior chapter.)
Answer to relevant QuestionsOn January 9, Reuters announced a US$2.6 billion bond offering by the Australia and New Zealand Banking Group. The following is reproduced from the announcement: Issue: US$2.6 bln 144a reg S 2, 3-year The offer comprised ...What arguments are offered for investing in nondollar bonds? What is a conventional loan? What is the advantage of a prepayment penalty mortgage from the perspective of the lender? What is the difference between a prime loan and a subprime loan?
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