Globalization of Financial Markets
This note describes the recent phenomenon of internationalization and globalization of the financial markets. At one level, it is a glossary that defines such financial products as note issuance facilities (NIFs), Euro-zeros, Samurai Bonds, Yankee Bonds, and so forth. On another level it discusses the causes of change, presents a chronology of events, discusses the various markets, presents the general preparation required to enter the global market place, and so forth.
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