Investors Buy Credit-Linked Notes Tied to Malawi, Bahamas

Our page 1 this week: Investors on the hunt for yield are buying notes tied to the debt of governments including Malawi, Croatia and the Bahamas. Inside: Australian issuers may be facing more regulatory scrutiny, and Hans-Georg Vetter talks about Zuercher Kantonalbank’s “total expense ratio” for structured products and why the company decided to disclose it, even though it isn’t required to.

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