Governments needed low costs and high returns from infrastructure projects / deals, while PE fund mind - sets and
cheap credit justified ever - escalating prices.
Not exact matches
From an insurance company's standpoint, people with the highest
credit scores are usually more responsible with their
credit and money, and this level of responsibility
justifies a
cheaper premium.
One can think of our selection process as identifying the
cheapest bonds with wide
credit spreads that are not
justified by their historical trading volatility in their respective duration and
credit groups.