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Author:Kim, T.
Title:A hundred ways to slice up credit
Journal:Euromoney
1998 : MAR, 3, p. 97-108
Index terms:CREDIT
BANKS
MARKETS
Language:eng
Abstract:Banks like lending money to cement relationships. With a credit derivative they can get the loan off balance sheet and lend some more. Where's the catch? The market for these products is still in its infancy, although there are pockets of liquidity. And payout practice and definitions of default need standardizing. But the market is revolutionizing the way banks handle credit and their balance sheets.
SCIMA record nr: 178251
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