Municipals European sovereigns are tentatively moving towards two-way credit support annex agreements, but US municipalities are proving to be much more resistant to posting collateral on derivatives trades. The result is a credit and funding headache for their dealers.
Year of publication: |
2010
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Authors: | Madigan, Peter |
Published in: |
Risk : managing risk in the world's financial markets. - London : Incisive Financial Publ, ISSN 0952-8776, ZDB-ID 10494753. - Vol. 23.2010, 9, p. 54-57
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