haku: @indexterm Russia / yhteensä: 841
viite: 508 / 841
Tekijä: | Currie, A. |
Otsikko: | Back to the age of defaults |
Lehti: | Euromoney
1998 : NOV, 11, p. 60-63 |
Asiasana: | RUSSIA MARKETS EUROPE |
Kieli: | eng |
Tiivistelmä: | Russia will probably default on its Eurobonds. Other sovereigns may well do the same. That's not such a big deal. It's all the price. But are they ready for the consequences? The Euromarkets have grown up with the idea that Eurobonds are immune from rescheduling. But every debt crisis in history has been messy; the instruments involved have been discredited for years. What happens when international bond default becomes normal again? |
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