Record foreign
currency bond issuance by Australian entities in 2004 has pushed up the cost of converting foreign currency to Australian dollars and made it cheap for foreigners to do the opposite (Graph B3).
Continued foreign
currency bond issuance by Asian residents and foreign participation in local currency bond markets has contributed to this growth.
Not exact matches
The proceeds from the
issuance of these
bonds can be used by companies to break into foreign markets, or can be converted into the issuing company's local
currency to be used on existing operations through the use of foreign exchange swap hedges.
The total local
currency new
issuances in the index was only around one - third of last year's rate, as Indonesian sovereigns continued to tap into different foreign
currency markets; for example, they raised USD 4 billion from its global
bond issuance in the first week of December.
Finally
issuance of
bonds in local
currencies can significantly reduce
currency risk and improve the ability of the borrower to fulfill the
bond requirement.
Fineqia International Inc. (CSE: FNQ)(OTCPink: FNQQF)(Frankfurt: FNQA) announced on Monday it has made a cash investment for an equity stake in Nivaura, which recently demonstrated the world's first crypto -
currency denominated
bond issuance that was cleared, settled and registered entirely on a public blockchain.
Now, ConsenSys and BlockApps will provide Synechron with specialized development tools, such as ConsenSys's Ethereum blockchain development tools and BlockApps» Ethereum blockchain infrastructure STRATO, which could enable new accelerators for total return swaps, call spreads, syndicated loans,
bond issuance, tokenized securities and tokenized fiat
currencies.