A working group of major bond-market investors has launched an initiative to standardise bond market documentation and to improve understanding between issuers and investors.
Major issues they raise are:
The working group asked that the Association of Corporate Treasurers and the Euro-Associations of Corporate Treasurers (through their member organizations) co-ordinate responses of their members to the working group’s proposals.
The ACT established a working group to consider the investors' consultation paper. Based on input from this group and from the ACT's Technical Committee a response was made to the proposals.