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Sovereign debt is a debt instrument guaranteed by the government. The other names for sovereign debts are sovereign bonds or government bonds. They are issued in the currency of the issuer's country.
Under the doctrine of sovereign immunity, creditors cannot force repayment of sovereign debt. It is subject to compulsory rescheduling, interest rate reduction, or even repudiation. The only protection available to the creditors is the threat of loss of credibility and lowering the sovereign debt rating at the international level. This remedy, if applied, makes the sovereign more difficult to create debt in the future.
ARROW as an FSA's risk based approach to regulation ARROW stands for Advanced, Risk-Responsive Operating Framework. In January 2000, FSA set out a proposed approach to regulati
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explain the concept of working capital.what are the factors which influence the working capital?
Free Cash Flow Free cash flow presents the amount of cash generated by the existing operations of a corporation and that is not needed for reinvestment in new projects in the f
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