The advantage of a credit swap is that it allows each bank in the swap to broaden its market area and spread out its credit risk on its loans.
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Q49: The credit derivatives market has grown many-fold
Q50: Banks are one of the principal buyers
Q51: A standby letter of credit substantially reduces
Q52: By agreeing to service any assets that
Q53: Loan-backed securities,which closely resemble traditional bonds,carry various
Q55: Loan sales are generally viewed as a
Q56: Securitized assets carry a unique form of
Q57: In some instances,banks sell loans and agree
Q58: Securitization of loans can easily be applied
Q59: The party for whom a standby credit
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