What is meant by when-issued trading? Explain how forward purchases of when-issued government T-bills can expose Fls

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What is meant by when-issued trading? Explain how forward purchases of when-issued government T-bills can expose Fls to contingent interest rate risk.

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Financial Institutions Management A Risk Management Approach

ISBN: 9780073530758

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jul 24, 2024 06:01 AM

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What is meant by when-issued trading? Explain how forward purchases of when-issued government T-bills can expose Fls

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Financial Institutions Management A Risk Management Approach

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