International Bonds and Certificates of Deposit

A guide to the development and use of bonds in the international capital markets. It takes the reader through the complexities of the documentation, market and regulatory considerations as well as civil and criminal liability arising in the course of the issue process. The terminology of bond issues and the nature of the different types of instrument are dealt with, as are the mechanics of trading on the secondary market and the legal and regulatory constraints on these. Also covered are default and the bond-holders' remedies, and the problems of conflict of law and sovereign immunity.