Securities Lending and Repurchase Agreements

Securities Lending and Repurchase Agreements PDF Author: Frank J. Fabozzi
Publisher: John Wiley & Sons
ISBN: 9781883249168
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
Revised and updated to reflect the latest developments in the field of cash flow analysis, Cash Flow and Security Analysis provides an enlightening examination into why cash flow is quickly replacing earnings as the primary tool used by securities analysts, and how they can identify undervalued securities by using cash flow analysis.

Securities Lending and Repurchase Agreements

Securities Lending and Repurchase Agreements PDF Author: Frank J. Fabozzi
Publisher: John Wiley & Sons
ISBN: 9781883249168
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
Revised and updated to reflect the latest developments in the field of cash flow analysis, Cash Flow and Security Analysis provides an enlightening examination into why cash flow is quickly replacing earnings as the primary tool used by securities analysts, and how they can identify undervalued securities by using cash flow analysis.

Cross-border Securities Settlements

Cross-border Securities Settlements PDF Author:
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 92

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Book Description


Financial Derivatives

Financial Derivatives PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 9781557759412
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
In the late 1990s, international statistical experts confirmed that financial derivatives should be treated as financial assets and that transactions in financial derivatives should be reported as separate transactions rather than as integral parts of the values of underlying transactions or of financial assets to which some derivatives are linked as hedges. Therefore, to parallel revisions made to the System of National Accounts (1993), an addendum and amendments to the fifth edition (1993) of the Balance of Payments Manual (BPM5) were prepared and published, in early 2000, as a supplement entitled Financial Derivatives. This supplement comprises two parts. Part I contains a new chapter in which the features of financial derivatives and treatments appropriate for specific derivatives were described. Part II consists of modifications to those portions of the BPM5 that pertain to financial derivatives. The revisions are shown by means of shading and strikeout. Financial Derivatives is an essential component of the BPM5.

Changes in Prudential Policy Instruments — A New Cross-Country Database

Changes in Prudential Policy Instruments — A New Cross-Country Database PDF Author: Mr.Eugenio M Cerutti
Publisher: International Monetary Fund
ISBN: 1475535457
Category : Business & Economics
Languages : en
Pages : 23

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Book Description
This paper documents the features of a new database that focuses on changes in the intensity in the usage of several widely used prudential tools, taking into account both macro-prudential and micro-prudential objectives. The database coverage is broad, spanning 64 countries, and with quarterly data for the period 2000Q1 through 2014Q4. The five types of prudential instruments in the database are: capital buffers, interbank exposure limits, concentration limits, loan to value (LTV) ratio limits, and reserve requirements. A total of nine prudential tools are constructed since some useful further decompositions are presented, with capital buffers divided into four subindices: general capital requirements, real state credit specific capital buffers, consumer credit specific capital buffers, and other specific capital buffers; and with reserve requirements divided into two sub-indices: domestic currency capital requirements and foreign currency capital requirements. While general capital requirements have the most changes from the cross-country perspective, LTV ratio limits and reserve requirements have the largest number of tightening and loosening episodes. We also analyze the instruments’ usage in relation to the evolution of key variables such as credit, policy rates, and house prices, finding substantial differences in the patterns of loosening or tightening of instruments in relation to business and financial cycles.

Cross-Border Bank Resolution - Recent Developments

Cross-Border Bank Resolution - Recent Developments PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498343287
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
Developing an effective framework for cross-border resolution is a key priority in international regulatory reform. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions. In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions, which contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases

Cross-border Securities

Cross-border Securities PDF Author: Kathleen Tyson-Quah
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 296

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Book Description
This social security legislation publication provides clear guides for using and applying current legislation, up to the crucial benefit date in April. This volume focuses on legislation concerning non-means tested benefits, and includes the full text of the legislation together with commentary

Correspondent Central Banking Model (CCBM)

Correspondent Central Banking Model (CCBM) PDF Author: European Central Bank
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 26

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Book Description


Mastering Securities Lending Documentation

Mastering Securities Lending Documentation PDF Author: Paul Harding
Publisher: Pearson UK
ISBN: 0273776444
Category : Business & Economics
Languages : en
Pages : 740

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Book Description
Securities lending master agreements are vital for covering securities loans between contracting parties. They also offer legal and credit protection and a close-out netting procedure if a party defaults or goes bankrupt. These agreements are widely used by banks, securities houses, pension funds, hedge funds and insurance companies. Mastering Securities Lending Documentation is a practical guide to understanding the negotiation of these master agreements used in the United Kingdom, United States and Europe. It is an essential handbook for anyone involved in negotiating these agreements and includes: An introduction to the history and operations of the market A clear, user-friendly explanation of all paragraphs of the master agreements An easy-to use split page format with the original text and commentary Examples of commonly negotiated additions and amendments and their implications Answers to legal, risk and operational questions

Securities Finance

Securities Finance PDF Author: Frank J. Fabozzi
Publisher: John Wiley & Sons
ISBN: 0471756059
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
In Securities Finance, editors Frank Fabozzi and Steven Mann assemble a group of prominent practitioners in the securities finance industry to provide readers with an enhanced understanding of the various arrangements in the securities finance market. Divided into three comprehensive parts—Securities Lending, Bond Financing via the Repo Market, and Equity Financing Alternatives to Securities Lending—this book covers a wide range of securities finance issues, including alternative routes to the securities lending market, evaluating risks in securities lending transactions, U.S. and European repo markets, dollar rolls and their impact on MBS valuation and strategies, derivatives for financing equity positions and equity repos, and more. Filled with in-depth insight and expert advice, Securities Finance contains the information readers need to succeed in this rapidly expanding market.

Delivery Versus Payment in Securities Settlement Systems

Delivery Versus Payment in Securities Settlement Systems PDF Author:
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 90

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Book Description