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On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
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, but also beyond its borders. Sovereign bonds are no longer widely perceived as "risk-free" assets. Even the sovereign … bonds of safe-haven countries have come under close scrutiny or lost some of their prime ratings. Yet crisis countries have … financing costs (or even a loss of access to bond market financing), pushing them towards shorter financing or forcing them to …
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