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Post by cml1234 on May 9, 2011 1:04:18 GMT 4
Are European bond buyers turned off by bonds in U.S. corporations?
Or does it not matter as long as the bonds have credit enhancement?
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Post by Sapphire Capital on May 9, 2011 2:30:23 GMT 4
as far as I see it any money hesitates before it goes to the US, beside the changes on the handling for in/outgoing funds in 2013 (which is near) the financial development of companies is in question, the muni-bonds and state bonds are looked at with suspicion and the US Treasuries are not paying high enough considering the risk associated.
Anyway the US is such a big player that any portfolio which does not have them seems unbalanced, however the US has been searching money so hard that frankly it is seldom any portfolio does not have a US exposure.
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Post by cml1234 on May 9, 2011 2:40:41 GMT 4
Interesting. Thank you for the comments.
Sadly, nonprofit corp bonds, overcollateralized and with additional enhancement seem to be difficult to place with European buyers too sometimes.
It's kind of a pain when you are trying to keep funds offshore.
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Post by niseag on May 9, 2011 5:02:09 GMT 4
we placed 3 of these, 300M USD each, but we got them at a discount and under a very unlike procedure, exposing the seller very much
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