1.What is meant by when-issued trading? Explain how forward purchases of when-issued government Treasury securities can expose...

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1.What is meant by when-issued trading? Explain how forward purchases of when-issued government Treasury securities can expose FIs to contingent interest rate risk. LO 16.3 , 16.4

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Financial Institutions Management A Risk Management

ISBN: 9781743073551

4th Edition

Authors: Helen Lange, Anthony Saunders, Marcia Millon Cornett

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