Defeasance
Used in connection with a bond issue, describes the amount of risk faced by holders of the bonds. A fully defeased issue means that principal and interest are at complete risk of loss
———————————————————————
Analyse catastrophe bond market issuance using the Artemis Dashboard and Charts.
We’ve tracked more than 650 cat bonds and related ILS transactions since 1996, all of which are included in our extensive Deal Directory.
Use the Artemis Dashboard and our Cat Bond Market Charts to analyse this market!
