This note shows that the effective response of a country in its battle against COVID-19 influences the exchange rate of its currency. Particularly, we examine the GBPUSD, AUDUSD and AUDGBP pairs of currency during the COVID-19 outbreak and the results show that the domestic currency of the...

This note presents the impact of the COVID-19 pandemic on bank subordinated bonds. Using weekly data for the period 10/1/2020-12/3/2021 of 14 US, UK, Spanish, Italian, German, and Canadian banks this note provides empirical evidence that the health risk due to the COVID-19 increases the bank...