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Descripción
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| The EU Commission recently launched an initiative promoting EU support mechanisms, e.g. subordinated loans/ senior-debt guarantees, to foster Public Private Partnerships for the Trans European Networks, and to make long-term project bonds more appealing for Institutional Investors. Most mainstream investors will not invest in project bonds until project finance transactions are in the operating phase and generating cash-flow. A European project bond market could be an effective instrument for infrastructure financing, showcasing Europe to Latin American Institutional Investors. The work shows that reserve requirements for Institutional Investors in long term investments, according to Solvency II are lower when credit rating reaches A- instead of BBB+, resulting in a A- minimum threshold. International Financial Institutions (IFIs) are important providing credit enhancement of bonds to reach the A- rating required and liquidity acting as ?market makers?. | |
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Internacional
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Si |
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JCR del ISI
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No |
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Título de la revista
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Revista de globalización, competitividad y gobernabilidad |
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ISSN
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1988-7116 |
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Factor de impacto JCR
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Información de impacto
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Volumen
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6 |
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DOI
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Número de revista
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3 |
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Desde la página
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89 |
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Hasta la página
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99 |
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Mes
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SEPTIEMBRE |
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Ranking
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