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A debt obligation that is issued and traded both in the US bond market and the Eurobond market is referred to as global bond. For an entity to issue global bonds, it has to meet the following characteristics: (i) The issuer must have a consistent demand for funds, (ii) An entity must need large amount of funds on a regular basis, and (iii) The issuing entity must be an entity with high credit rating.
It is a bond that does not give periodic interest payments. In spite of that, interest is added to the principal balance of the bond and is either paid at maturity or, at some poin
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Table 1: Politics Stability of the existing government structure National/provincial government r
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