Bermuda takes plunge to avoid rising rates
The Government of Bermuda sold its largest-ever bond on Tuesday, opting to lock in funds now “instead of borrowing on a year-to-year basis in a rising interest rate market”, according to the finance ministry.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
