Europe's Sovereign Bond-Backed Securities
Marc Chandler
May 24, 2018
It has been discussed for several weeks, and today the European Commission unveiled a proposal for a new asset-backed security. The backing would be sovereign bonds weighted by the size of the economy.
This may sound like mutualization of risk, but it is no such thing. These new securities are not Eurobonds. The EC is calling on the private sec…
This may sound like mutualization of risk, but it is no such thing. These new securities are not Eurobonds. The EC is calling on the private sec…
Europe's Sovereign Bond-Backed Securities
Reviewed by Marc Chandler
on
May 24, 2018
Rating:
Reviewed by Marc Chandler
on
May 24, 2018
Rating:
