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Business
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| Number of pages / Number of words: |
8 / 2059 |
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It also means that the market can absorb large and frequent issues of bonds due to the existing size of the market. This market size has the advantage of being incredibly larger and more diverse than the current domestic market.
Eurobonds have become a very popular source of raising finances partially because they circumvent some of the restrictive registration requirements...
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The less restrictive nature allows greater freedom and flexibility than the domestic bond market as there is no requirement for formal disclosure. Bonds are issued in bearer form which will allow them to be held outside of the country. This has the advantage of being able to avoid any domestic taxation on them...
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