Asian perpetual bond market fizzes to life by Don Weiland, published in the Financial Times on...
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"Asian perpetual bond market fizzes to life" by Don Weiland, published in the Financial Times on 7 June 2017. 1) Based on your own research, explain in your words what a perpetual bond is, what the payment flows look like, and what are the most common contractual features of these newly popular bonds. (200 words max) (3.5 marks) 2) What are the advantages to investors and to issuers? (150 words) (3.5 marks) 3) Suppose an Australian bank issued a perpetual bonds overseas, explain how the proceeds of the issuance of this bond could be "repatriated." (250 words) (Hint: Kangaroo bond reading in the reading list). (4.5 marks) 4) Write an exam question with a "short essay" format and a suggested answer for it. (max 300 words) (3.5 marks) "Asian perpetual bond market fizzes to life" by Don Weiland, published in the Financial Times on 7 June 2017. 1) Based on your own research, explain in your words what a perpetual bond is, what the payment flows look like, and what are the most common contractual features of these newly popular bonds. (200 words max) (3.5 marks) 2) What are the advantages to investors and to issuers? (150 words) (3.5 marks) 3) Suppose an Australian bank issued a perpetual bonds overseas, explain how the proceeds of the issuance of this bond could be "repatriated." (250 words) (Hint: Kangaroo bond reading in the reading list). (4.5 marks) 4) Write an exam question with a "short essay" format and a suggested answer for it. (max 300 words) (3.5 marks)
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Answer rating: 100% (QA)
1 A perpetual bond is a type of bond that has no fixed maturity date and pays a coupon indefinitely hence its name perpetual Unlike traditional bonds with a specific maturity date perpetual bonds have ... View the full answer
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Posted Date:
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