How David Bowie changed the financial world

'Bowie bonds' were the first asset-backed security underpinned by intellectual property

David Bowie
(Image credit: Bertrand Guay/AFP/Getty Images)

Much has been written about the wide-ranging influence of music legend David Bowie following the shock news of his death yesterday.

But alongside the artists telling how they were inspired by his musical, artistic and aesthetic innovations, the business pages also paid tribute to his legacy – the "Bowie bond".

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us