Hale, Galina; Spiegel, Mark M. - Federal Reserve Bank of San Francisco - 2008
-2006 to analyze the impact that the launch of the EMU had on the currency denomination of the bond issues. To our knowledge … between the response to the advent of the euro by new and seasoned bond issuers, and to condition on other issue … characteristics. We find that the impact on new issuers is larger than on seasoned issuers and that most of the increase in the euro …