In answer to your question. Now. Very expensive. You would. Be out around 6 to 10 percent to a insto to wear the risk
Back when gbg signed though would have been cheaper. Prob 2 or 3 percent of principal
This. Spread has exploded in just the last year with the euro issues
Would be interesting to know
Disc I work for one of the big 4 in risk
borrowings, page-40
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