presently view their investments as equity stakes that require improved cash flows, unlike the buy-and-sell distressed-collateral …

. Instead it shows, first, that the use of ill-suited collateral in the secured funding operations of U.S.-based investment …

. Instead it shows, first, that the use of ill-suited collateral in the secured funding operations of U.S.-based investment …

An asset bubble relaxes collateral constraints and increases borrowing by credit-constrained agents. At the same time … of a binding collateral constraint. If debt is elevated, policy should lean against the bubble more aggressively to …

borrowing. The subsequent crisis has reduced the pool of assets considered acceptable as collateral, resulting in a liquidity … of excess bank reserves and do more than merely substitute central bank money for collateral that currently remains …

. Two key issues arise with regard to the use of collateral in the context of loan classification and provisioning. In … particular, the questions arise whether collateral should be taken into account in classifying a collateralized loan, and whether … it should be considered in calculating provisions. This paper surveys country practices in the role of collateral in loan …