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Sovereign Defaults and the Corporation of Foreign Bondholders

Paolo Mauro, Nathan Sussman, and Yishay Yafeh

in Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870-1913 and Today

Published in print:
2006
Published Online:
May 2006
ISBN:
9780199272693
eISBN:
9780191603488
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199272697.003.0007
Subject:
Economics and Finance, Financial Economics

This chapter analyzes the operations of the Corporation of Foreign Bondholders (CFB) — an association of British investors holding bonds issued by foreign governments — between 1870 and 1913. It ... More


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