Pandemic bonds: A great investment or financial misstep?
Bonds taking coronavirus into the equation that were issued in 2017 have been criticized. But if you look at the longer-term probability of pandemics, they could have multiple positive us...
Salvatore Cantale is Professor of Finance at IMD. His major research and consulting interests are in value creation, valuation, and the way in which corporations structure liabilities and choose financing options. Additionally, he is interested in the relation between finance and leadership, and in the leadership role of the finance function.
Bonds taking coronavirus into the equation that were issued in 2017 have been criticized. But if you look at the longer-term probability of pandemics, they could have multiple positive us...
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