15. During the 20082009 financial crisis: a. What type of collateral was preferred by banks that were

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15. During the 2008–2009 financial crisis:

a. What type of collateral was preferred by banks that were willing to lend in the interbank funding market?

b. Why was an increase in the haircut in a repo transaction like a run in the repo market?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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