Bill of rights
A group of 25 institutional investors have released a manifesto outlining their aims for a better world for bondholders. Stronger covenants, greater transparency and improved ratings practices are amongst their demands.
These are the noble aspirations of a group of 25 bondholders seeking to improve the way the markets work and redress the balance between issuers and investors. The bondholders unleashed their demands – or more accurately, aspirations – on the fixed-income community on October 1 in the form of a
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