Paper: POB Issuers Tend to be Financially Vulnerable.

The article focuses on the financial vulnerability of the issuers of the pension obligation bonds (POB) as per the paper released by the researchers at the Center for Retirement Research at Boston College in Massachusetts as of July 2014.Topics discussed include use of POBs by governments that can take on the risks of the bonds, improvement in the POBs' rates since the economic recovery following the Great Recession and positive returns for POBs following the financial crises.