A mad rush for liquidity - Illiquidity has long been the curse of the international bond markets, brought sharply into focus by the Asian crisis. Major borrowers have responded with a big-is-beautiful approach. But is size all that matters? And are these issues as liquid as the bookrunners and issuers would have us believe? Just wait for a market downturn.
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Euromoney. - London : Euromoney Publ, ISSN 0014-2433, ZDB-ID 1902325. - 1998, p. 39-46