Why were credit derivatives developed? What advantages do they have over loan sales and securitizations, if any?

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Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Question Posted: Oct 31, 2014 10:43 AM

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Why were credit derivatives developed? What advantages do they have over loan sales and securitizations, if any?

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Credit derivatives were developed because not all loans can be pooled In order to ...View the full answer

Bank Management and Financial Services

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