What are the potential costs and benefits for financial institutions, lenders and borrowers and for the wider
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What are the potential costs and benefits for financial institutions, lenders and borrowers and for the wider economy arising from maturity transformation? Are these dangers an inherent and unavoidable consequence of maturity transformation?
MaturityMaturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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