No longer an exclusive preserve
Article Abstract:
The Yankee bond market, bonds issued in the US market by foreign companies and government entities, has been beneficial to Asian issuers due to the great demand for long-term credit by US investors. This demand has even benefited issuers lacking the highest credit ratings due to US investors' demands for a variety of long-term debt for their portfolios.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1996
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Companies offer long-dated issues
Article Abstract:
Asian corporate issues of Eurobonds and other global bonds totalled $9.2 billion in the first 10 months of 1996, up from $4.3 billion for all of 1995. In 1995, the average maturity of Asian corporate Eurobond issues was 9.58 years, up from 6.72 years in 1995, while the average volume increased from $159 million to $249 million in the same period.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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