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May 2010

Opinion European Debt: Focus on Spain

Spain is at the heart of the European debt crisis. In the space of one year, Spain’s long term credit rating was reduced from AAA to AA, with a negative outlook.

October 2009

Pedagogy « Catastrophe bonds » or CAT bonds

Insurance companies issue this type of bonds to cover the risks associated with "disastrous" events such as earthquakes, typhoons, storms and hurricanes...

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