Match funding prepayable assets with callable debts using simulated prepayment bounds

Authors :: Liu, Shijun
Mozer, Peter A.
Source :: Journal of Risk Finance. Spring, 2003, Vol. 4 Issue 3, p5, 22 p.
Publication Year :: 2003
Abstract: Amajority of the loan products (1) of modern financial institutions such as banks and savings and loans render borrowers the option to prepay the loans. These institutions usually hold a [...]

Subjects :: Risk management -- Models
Risk management -- Research
Loans -- Models
Loans -- Research
Financial services industry -- Research
Risk management
Financial services industry
Banking, finance and accounting industries
Business
Business, international

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