There is a fundamental tension in the cat bond market. Most investors want greater transparency in the bond structure; as a result, they often prefer parametric structures in which bonds are triggered by a physical or numerical index like wind speed. Issuers, on the other hand, tend to be more concerned with basis risk, the risk associated with imperfect hedging.
Many older barns and homes were sided with hemlock boards, but the wood is not as valuable as pine or spruce. No other plant in the province is as rich in tannin, and so hemlock bark was much in demand for tanning leather. Hemlock has a life expectancy of between 300-400 years. When large trees fall down, they take a long time to decompose and provide both nutrients and moisture to young seedlings.
They are excellent for recipes that want to accentuate the clam flavor. The ocean quahog is also known as a mahogany clam, mahogany quahog, black quahog and black clam. The ocean quahog is a slower growing clam that matures in twenty to forty years. Some may live as long as 200 years. Commercially packed clams are generally 40 to 100 years old. The vessels used to harvest these sea clams range in size from about 60 feet to 160 feet in length.The ocean quahogâs primary beds are found twenty to thirty miles offshore in depths from 100 to 240 feet.