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    Financial Institutions Management
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    Exam 14: Sovereign Risk
  5. Question
    The Advantage to the Borrowing Country of a Brady Bond
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The Advantage to the Borrowing Country of a Brady Bond

Question 10

Question 10

True/False

The advantage to the borrowing country of a Brady bond versus a loan from an FI is the much longer maturity and thus the lower payment schedule of a Brady bond.

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