When a government borrow money from the public on a long-term basis, it usually does so by issuing debt securities, typically referred to as government bonds. A bond that is issued in Europe or in the US by an Australian company and that pays interest and principal to the lender in Australian dollars would be considered as a Eurobond. Focusing on the topic from FINC20018 Managerial Finance, briefly discuss the innovations in bond market.
When a government borrow money from the public on a long-term basis, it usually does so by issuing debt securities, typically referred to as government bonds. A bond that is issued in Europe or in the US by an Australian company and that pays interest and principal to the lender in Australian dollars would be considered as a Eurobond. Focusing on the topic from FINC20018 Managerial Finance, briefly discuss the innovations in bond market.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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When a government borrow money from the public on a long-term basis, it usually does so by issuing debt securities, typically referred to as government bonds. A bond that is issued in Europe or in the US by an Australian company and that pays interest and principal to the lender in Australian dollars would be considered as a Eurobond. Focusing on the topic from FINC20018 Managerial Finance, briefly discuss the innovations in bond market.
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