Author: Mr.Paolo Mauro
Publisher: International Monetary Fund
ISBN: 1451853009
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of international bond finance, 1870-1913, and in the aftermath of the defaults of the 1930s. It fostered coordination among creditors, especially in cases of default, arranging successfully for many important debt restructurings, though failing persistently in a few cases. While a revamped creditor association might once again help facilitate creditor coordination, the relative appeal of defection over coordination is greater today than it was in the past. The CFB may have had an easier time than any comparable body would have today.
The Corporation of Foreign Bondholders
Author: Mr.Paolo Mauro
Publisher: International Monetary Fund
ISBN: 1451853009
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of international bond finance, 1870-1913, and in the aftermath of the defaults of the 1930s. It fostered coordination among creditors, especially in cases of default, arranging successfully for many important debt restructurings, though failing persistently in a few cases. While a revamped creditor association might once again help facilitate creditor coordination, the relative appeal of defection over coordination is greater today than it was in the past. The CFB may have had an easier time than any comparable body would have today.
Publisher: International Monetary Fund
ISBN: 1451853009
Category : Business & Economics
Languages : en
Pages : 32
Book Description
This paper analyzes the Corporation of Foreign Bondholders (CFB), an association of British investors holding bonds issued by foreign governments. The CFB played a key role during the heyday of international bond finance, 1870-1913, and in the aftermath of the defaults of the 1930s. It fostered coordination among creditors, especially in cases of default, arranging successfully for many important debt restructurings, though failing persistently in a few cases. While a revamped creditor association might once again help facilitate creditor coordination, the relative appeal of defection over coordination is greater today than it was in the past. The CFB may have had an easier time than any comparable body would have today.
Annual Report of the Council of the Corporation of Foreign Bondholders
Author: Corporation of Foreign Bondholders (Great Britain)
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 425
Book Description
Publisher:
ISBN:
Category : Debts, External
Languages : en
Pages : 425
Book Description
Annual Report of the Council of the Corporation of Foreign Bondholders
Author: Corporation of Foreign Bondholders (London, England)
Publisher:
ISBN:
Category :
Languages : en
Pages : 432
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 432
Book Description
Report on the Study and Investigation of the Work, Activities, Personnel and Functions of Protective and Reorganization Committees
Author: United States. Securities and Exchange Commission
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 1090
Book Description
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 1090
Book Description
The Economist
Investors Chronicle and Money Market Review
State and Municipal Bonds
Author: William L. Raymond
Publisher: Routledge
ISBN: 1317234456
Category : Business & Economics
Languages : en
Pages : 398
Book Description
With twenty-one years’ experience in the investment bond business, Raymond uses his experience in this study to demonstrate the key issues related to state, county, municipal and district bonds through the use of the most recent data of the time. Originally published in 1923, this version was republished in 1936 to ensure that all figures and arguments were up-to-date. This title will be of interest to students of Business, Economics and Finance.
Publisher: Routledge
ISBN: 1317234456
Category : Business & Economics
Languages : en
Pages : 398
Book Description
With twenty-one years’ experience in the investment bond business, Raymond uses his experience in this study to demonstrate the key issues related to state, county, municipal and district bonds through the use of the most recent data of the time. Originally published in 1923, this version was republished in 1936 to ensure that all figures and arguments were up-to-date. This title will be of interest to students of Business, Economics and Finance.