Munich Re’s Queen Street Ltd. cat bond matures and delisted
14th April 2011The Cayman Islands Stock Exchange has delisted the two tranches of Munich Re’s $267.7m (€170m) catastrophe bond Queen Street Ltd. after the deal matured without any losses. Maturities are a feature of the first half of this year with a total of $4 billion of cat bonds scheduled to mature by the end of Q2.
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