Global Financial Stability Report, April 2006: Market Developments and Issues - Chapter 2: The Influence of Credit Derivative And Structured Credit Markets on Financial Stability
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Summary:
This paper examines the influence of credit derivative and structured credit markets on financial stability. Credit derivative and structured credit markets have grown rapidly in size and complexity in recent years. This paper reviews the growth of the credit derivative, the factors that have influenced their growth, how they have increasingly facilitated risk transfer, and their implications for financial stability. The paper also presents a discussion of policy implications and recommendations concerning these relatively new markets and related challenges.
Series:
Global Financial Stability Report No. 2006/003
Subject:
Asset and liability management Bank credit Banking Credit Credit risk Financial institutions Financial regulation and supervision Hedge funds Liquidity Money
Frequency:
Annually
English
Publication Date:
May 4, 2006
ISBN/ISSN:
9781451939194/1729-701X
Stock No:
GFSREA2006100
Pages:
36
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