Asia high yield bucks global trend.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 9 (Oct2014), 2014
• Idioma: inglés
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• Resumen

  • The article discusses the Asia-Pacific Covenant Quality report from holding company Moody's which looks at the difference of the investor protections in Asia high-yield (HY) bonds with the global trend of bond covenant packages (CP). Topics covered include the factors that contributed to the strong performance of CP in Asia in the second quarter of 2014, the concern about the emergence of cash leakage and risky assets, and the high volume of HY bonds from China.