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20 September 2023
Replaced content with "This is what, in the bond world, they call a currency indemnity. {{currency indemnity capsule}}"
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Created page with "This is what, in the bond world, they call a currency indemnity. It is a part of the boilerplate that is so entrenched, and passeth all understanding, that people seldom ask what it is for ot why it is there. Certainly, do not expect much by way of negotiation on the point, but for the little it is worth, this is what it is all about. Say I borrow from you in in euros. Being an OG in the international capital markets, my business will truck in incomings in all s..."
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