Why Taiwan’s foreign investment cap should be lifted
Issuance in Formosa bonds has crashed following regulatory changes, but insurers still desperately need higher-yielding products to meet their obligations to policy holders.
Taiwan’s Formosa bond market is experiencing a sharp reversal of fortunes as recent regulatory and interest rate moves make it a far less attractive proposition for the international issuers that have been attracted to the sector in droves over the past few years.
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