Corporate bonds, Eurobonds and credit quality

Moorad Choudhry
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Moorad Choudhry: KBC Financial Products

Chapter Chapter 5 in Bonds, 2006, pp 87-110 from Palgrave Macmillan

Abstract: Abstract The bonds we have talked about up to now have all been fairly high quality. For instance, gilts are AAA-rated and absolutely safe. They are safer than a bank account and if you hold them to maturity you will always get your money back. There are a large number of other bonds that are not absolutely safe, however, issued by lower-rated governments and by corporates.

Keywords: Credit Risk; Credit Rating; Government Bond; Market Maker; Corporate Bond (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1057/9780230627260_5

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