The Last Days of Stock Exchange Listings for Sovereign Bonds?
Courtesy of Elisabeth de Fontenay, G. Mitu Gulati and Josefin Meyer In the largest financial market in the world—the market for sovereign debt—the practice of listing on a stock exchange remains nearly ubiquitous today. All but a handful of the highest-rated sovereign nations (such as the United States) list their international bonds—that is, bonds expected… Read More »