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| Author: | Wilson, N. |
| Title: | The life of its own |
| Journal: | Banker
1990 : FEB, VOL. 140:768, p. 29-30 |
| Index terms: | EUROPE, EAST INTERNATIONAL MONETARY SYSTEM EEC |
| Language: | eng |
| Abstract: | Assessment of how changes in Eastern Europe can promote ECUs as a European currency and bring liquidity to ECU bond market. European monetary union /EMU/. EMU currency. Development projects in ECUs. Role of Eurobond houses. ECU borrowing programmes. Issues. Borrowing rates. Arbitrage opportunities. Benchmark-setting deals. EEC and ECU as a parallel currency. ECU theoretical yield model. True synthetic yield model. Opposition of some EEC members to ECUs. |
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