Legal Dispute Affects Lehman Minibond Values
The Hong Kong Association of Banks has told its legislature that market prices on Lehman Brothers-linked minibonds depend partly on the value of the collateral backing them, and that those prices may be inaccurate now because Lehman is claiming the banks should receive proceeds form any sale of collateral first.
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
