23) Hence, it might not be surprising if these law firms did not have pre-existing boilerplate contracts for sovereign issues into the Euromarket
Judging from Lebanon's recent success in the Euromarkets
and from Tunisia's recent credit rating of Baa3, Morocco should easily be able to float bonds at competitive international interest rates.
case by further extending the Euromarket
in Africa to a new currency.
The process of financial deregulation in the United States and the United Kingdom and the spread of euromarkets
make new sources of financing available.
The bulk of issuance in the Euromarket
already takes place under such debt issuance programmes.
The court denied the summary judgment request, first determining that the case could move forward on its merits--because Euromarket
had used the name "Crate & Barrel" in marketing and selling its wares--and then determining the jurisdictional issues.
The interest data are Euromarket
rates, so capital restrictions cannot affect our results.
As far as international lending through the Euromarket
is concerned, the available evidence points in the opposite direction: declining spreads over London Inter Bank Offered Rate (LIBOR) for borrowers in Latin America, whose creditworthiness was certainly doubtful.
The support of states was also important because every participant in the euromarket
is a citizen of a sovereign state and potentially subject to that state's regulations.
Detectives yesterday admitted they were baffled by the fire at Euromarket
in Station Road, Old Arley.
Over the past 20 years, the Euromarket
has evolved into a sophisticated and deep capital market where borrowers (corporations, banks, sovereign governments, supra-national governmental agencies like the World Bank, and, slowly but surely, municipalities) can issue cost-effective bond or note financings in a wide range of alternative currencies, including the currency of the borrower.
The Yen has been relatively resistant in spite of the 5% negative interest rate differentials vis-a-vis the Dollar on a three-month Euromarket