search query: @indexterm money / total: 443
reference: 113 / 443
| Author: | Shirreff, D. |
| Title: | Cents and sensibility |
| Journal: | Euromoney
1997 : JUL, 7, p. 50-60 |
| Index terms: | MONEY EUROPEAN COMMISSION TRADE |
| Language: | eng |
| Abstract: | Should Deutschmark and French franc bonds be converted to the nearest euro, or to two decimal places - to the nearest euro cent? Arcane as this discussed may seem it has come close to fisticuffs among the Perrier and sandwiches as government officials and trade bodies try to ensure a liquid euro securities market in 1999. Fear of the orphan bond is stalking Europe. This is the fear that, after the introduction of the euro in 1999, bonds in the national currencies whose exchange rates are locked will lose liquidity. |
SCIMA