--%>
Assignment Help - homework help

International bonds

Explain why most of the international bonds have high Moody’s or Standard & Poor’s credit ratings?

E

Expert

Verified

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.

   Related Questions in Financial Accounting

  • Q : Characteristics of Floating-rate notes

    State the characteristics of the Floating-rate notes (FRNs) bond market instrument.

    		•
  • Q : Identification of Responsibility Centre

    Identification of Responsibility Centre: Profit centre has been taken as the responsibility centre. Profit centre is the one in which both the revenue and costs are accounted for. The difference between them is the profit so the managers for this cent

    		•
  • Q : Assurance services Significant costs

    Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added

    		•
  • Q : Capital budgeting analysis imperative

    State why is capital budgeting analysis so imperative for the firm?

    		•
  • Q : Case study of an economic and labour

    The woman in the dark suit (serious women always wear black suits) leafed through the papers on her desk. She was a fund manager and she was nearing the deadline for an investment decision by one of her leading clients, who wanted to invest in sovereign bonds in a dev

    		•
  • Q : Letter of Credit What do you mean by

    What do you mean by Letter of Credit?

    		•
  • Q : Liabilities and Assets in Balance Sheet

    Why Liabilities are always on the left side and Assets on right side in the Balance Sheet?

    		•
  • Q : Recommended action for GM to manage its

    General Motors exports the cars to Spain however the strong dollar against the peseta, hurts the sales of GM cars in the Spain. In Spanish market, GM faces the competition from the French and Italian car makers, like Renault and Fiat, whose currencies stays stable wit

    		•
  • Q : Define Purchase return Describe the

    Describe the term Purchase return with suitable example?

    		•
  • Q : Theory of the comparative advantage How

    How theory of the comparative advantage relates to the currency swap market?

    		•