Beryl-battered Grenada becomes first to use government bond hurricane clause
August 19 (Reuters) by Marc Jones – Grenada has become the first country in the world to use a so-called hurricane clause in a government bond – a special feature that allows authorities to postpone debt payments in the wake of a major natural disaster.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below