Research undertaken at the ECB (based on the analysis of 8,000 bonds issued by 1,500 companies in the United States, the euro area, Japan and the United Kingdom) suggests that these decisions are influenced by both strategic and cost-related considerations. The firm size and the investor base in the euro area affect a firm’s decision in which currency to issue a bond.
4/5  BIS central bankers' speeches  Conclusion The tracker mortgage scandal is unprecedented in its scale and has required an unprecedented regulatory response. Our pursuit of lenders continues to ensure that they include all affected customers and discharge their responsibilities under the Framework.