Durham University - Bonds ... Durham bonds?

March 25, 2010

A second British university is considering raising funds via a bond issue. Durham University is looking at the option following the University of Cambridge's announcement in January that it plans to raise up to £400 million from its first issue of bonds - certificates of debt that guarantee repayment plus interest at a later date. Several Ivy League universities in the US have already turned to the money markets in a bid to recoup the money lost on investments during the recession. A Durham spokesman said: "The use of bonds is one of the options we are keeping under review, but no decision has yet been made about the scale or nature of the university's future borrowing."

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments