Faced with pandemic crisis, universities hit bond markets for cheap money
AMSTERDAM (Reuters) – Universities, while waiting to see how the coronavirus pandemic will affect overseas enrollments and government grants, have embarked on a bond market borrowing frenzy this year that outpaces the upside sales of corporate bonds.
FILE PHOTO: Students and pedestrians cross the courtyard of Harvard University in Cambridge, Massachusetts, US March 10, 2020. REUTERS /…
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