Abstract
By far the most important instrument in the eurobond market is the straight bond, generally dollar denominated. Only in two years, 1968 and 1969, when United States companies were particularly active on the borrowing side, did convertible issues amount to more than a small proportion of total issues. The dominance of bond finance over equity or convertible finance arises for a number of reasons:
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Notes
S. Yassukovich, Euro Financing, The Equity Element (London: White Weld and Co., 1971).
See W. J. Hopper. ‘Some Practical Aspects of Raising Finance’, Moorgate and Wall Street Review (Autumn 1971).
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© 1975 Brian Scott Quinn
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Quinn, B.S. (1975). Eurobonds and Euroequities. In: The New Euromarkets. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02603-6_5
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DOI: https://doi.org/10.1007/978-1-349-02603-6_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-02605-0
Online ISBN: 978-1-349-02603-6
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