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Credit derivatives: Just-in-time provisioning for loan losses
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Vol. 22, No. 4
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Last Updated: 12/10/1998

Credit derivatives: Just-in-time provisioning for loan losses

James T. Moser

Credit derivative contracts offer a new route for managing counterparty exposures. This article discusses two formats of these contracts. The contracts have potential for providing portfolio managers with a cost-effective, just-in-time source of liquidity.

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