ABI agrees steps to improve bond markets

Investors, issuers and intermediaries from all sides of the market and from several different countries came together to agree a series of steps to help improve the way the market currently functions. Proposals, published jointly by the ABI and BVI, focus on ways of ensuring more timely distribution of prospectus material, along with an education drive to improve understanding of the terms used in bond market documentation, and a possible contribution from credit rating agencies in highlighting key features of bond issues. The forum was organised in response to the growing debate in t...