Issuing Credible Natural Gas Linked Bonds

Article appeared in the Cyprus Weekly newspaper on March 22nd, 2013. By Constantinos Hadjistassou*, PhD In attempt to stave off bank runs the President offered as a reward to depositors not withdrawing their savings from financial institutions, for a two years period, a bond tied to the island’s “natural wealth”– presumably natural gas. Under the circumstances financial resources aimed at […]

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