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Swap-driven Eurobond (See Chapter 21 of the Vernimmen)
A swap-driven EuroBond issue is a Bond arranged in the currencies in which the issuer maintains a comparative advantage (usually reflected in the credit rating), and converted into other currencies which are equally advantageous to the borrower.
Swap-driven Eurobond (See Chapter 21 of the Vernimmen)
A swap-driven EuroBond issue is a Bond arranged in the currencies in which the issuer maintains a comparative advantage (usually reflected in the credit rating), and converted into other currencies which are equally advantageous to the borrower.
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