International bonds
Explain why most of the international bonds have high Moody’s or Standard & Poor’s credit ratings?
Expert
Moody’s Investors Service and Standard & Poor’s provide credit ratings on most of the international bond issues. It is noted that that inconsistent share of the international bonds have high credit ratings. The fact suggests that the logical reason for this is that Eurobond market only is accessible to the firms which have good credit ratings to start with.
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Restate following one-, three-, and six-month outright forward European term bid-ask quotes in forward points. Spot 1.3431-1.3436 Q : Effect of shipping costs Assume that Assume that pound is being pegged to the gold at 6 pounds per ounce; on the other hand the franc is being pegged to the gold at 12 francs per ounce. Which, of course, states that equilibrium exchange rate must be the two francs per pound? If existing market exchange r
Assume that pound is being pegged to the gold at 6 pounds per ounce; on the other hand the franc is being pegged to the gold at 12 francs per ounce. Which, of course, states that equilibrium exchange rate must be the two francs per pound? If existing market exchange r
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