13.3.2 Protective Covenants

In this section

• Affirmative Covenants in Bond Markets: Ensuring Financial Health and Security
  Explore the role of affirmative covenants in bond markets, their importance in maintaining issuer financial health, and how they protect bondholders.
• Negative Covenants in Bond Documentation: Understanding Restrictions and Protections
  Explore the intricacies of negative covenants in bond documentation, their role in limiting issuer activities, and their importance in protecting bondholders' interests.