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What is yankee bond?
Posted 17 January, 2010 by Jesus Miles from Staryi Oskol in Russiayou've got the most exemplary site, Ace! I'm undoubtedly a first time user, and there is a term i didn't catch: what is yankee bond?Capital Ace Answers:Thanks for your vote of confidence. Yankee bond is A bond denominated in U.S. Dollars and is publicly issued in the U.S. By foreign banks and corporations. According to the Securities Act of 1933, these bonds must first be registered with the Securities and Exchange Commission (SEC) before they can be sold. Yankee bonds are often issued in tranches and each offering can be as large as $1 billion. Due to the high level of stringent regulations and standards that must be adhered to, it may take up to 14 weeks (or 3.5 months) for a Yankee bond to be offered to the public. Part of the process involves having debt-rating agencies evaluate the creditworthiness of the Yankee bond's underlying issuer. Foreign issuers tend to prefer issuing Yankee bonds during times when the U.S. Interest rates are low, because this enables the foreign issuer to pay out less money in interest payments.Go to
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Provider's setup tips
Posted 30 August, 2009 by Cameron Workman from FranceHigh roller Skipper, my name is Cameron Workman from France. There was an issue i didn't understand: can you give me a suggestion for a forex ib trading platform with a non breakable connection?
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