Trade bodies unite in efforts to improve transparency

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Proponents of moves to improve bond documentation in the euro-denominated investment-grade market were boosted by the release in April of a document by the Association of British Insurers (ABI) and the German Investment and Asset Management Division (BVI).

The document has the support of six additional trade bodies representing the interests of market participants all across Europe (see box) and the published comments reflect the consensus achieved within the Bondholders' Dialogue, an informal

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