Bonds
EU Blocks 10 Banks From Bond Sales Over Antitrust Violations
The EU excluded 10 banks from running bond sales as part of its €800 billion (US$970 billion) recovery fund due to historic breaches of antitrust rules, the Financial Times reported. Beginning on Tuesday, June 15, a new 10-year bond will be sold to fund the NextGeneration EU program under a so-called syndicate and pay a […]
Lawrence White, Apr 17, 2012 The three major credit rating agencies-Moody’s, Standard & Poor’s (“S&P”), and Fitch-have attracted an increasing amount of media attention over the past five years. They were clearly central players in the housing bubble and collapse of the late 1990s through the mid 2000s and the financial debacle that followed, and […]
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