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For multiple decades, activists have sought to institute an international legal regime that limits the ability of despotic governments to borrow money and then shift those obligations onto more democratic successor governments. Our goal in this article is to raise the possibility of an alternate...
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We document a strong positive cross-sectional relation between corporate bond yield spreads and bond return … volatilities. As corporate bond prices are generally attributable to both credit risk and illiquidity as discussed in Huang and …, our credit and illiquidity proxies can explain almost three quarters of the yield spread-bond volatility relation with …
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interest on a bond is called a coupon. Coupons must be issued by bond issuers to bondholders. In Indonesia, the maturity or … also be issued by companies.Basically a bond is a letter containing an acknowledgment and a statement issued by government …
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Obligations are debt securities from the private sector or the government to the public, both domestic and international, with an imbalance of coupons or discounts and principal repayments of more than one year. Coupons are fixed rate or floating rate or a combination of fixed rate and floating rate
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Sustainability-Linked Bond structures allow issuers to weaken the link between sustainability and financial outcomes, rendering …
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