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Putnam Bond Index Fund
Putnam Bond Index Fund

... and Disclosures and references to “OTC”, if any, represent over-the-counter. * Percentages indicated are based on net assets of $44,237,697. *** This security is in default of principal and interest. Debt obligations are considered secured unless otherwise indicated. 144A after the name of an issuer ...
Pillar 3 Disclosures Quantitative Disclosures As at 31
Pillar 3 Disclosures Quantitative Disclosures As at 31

... The above table excludes exposures where collateral has been taken into account directly in the risk weights, such as the specialised lending and residential mortgage exposures. It also excludes exposures where the collateral, while generally considered as eligible under MAS Notice 637, does not mee ...
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Official PDF , 35 pages

NBER WORKING PAPER SERIES RISKS OF AN ECONOMY
NBER WORKING PAPER SERIES RISKS OF AN ECONOMY

Cash Flow Forecast Worksheet - 4
Cash Flow Forecast Worksheet - 4

... involves looking ahead to when you believe cash is flowing into your business, and when it needs to flow out. Review your cash flow forecast once a week. This worksheet is a template to help you determine the cash flow for your business. ...
Varun Beverages
Varun Beverages

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Dirk Lohmann

... ROE’s shown in banking industry had been misleading through aggressive leveraging practices now exposed in the last 12 months (off-balance-sheet SPV’s) ...
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... What is meant by consumer BTL? A ‘consumer’ means a natural person who is acting for purposes which are outside his trade, business or ...
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Chapter 7 - Irfan Lal

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Chapter 6 - Patrick M. Crowley
Chapter 6 - Patrick M. Crowley

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8630_lecture8

... At maturity, the value of any bond must equal its par value. The value of a premium bond will decrease to par value at maturity. The value of a discount bond will increase to par value at maturity. A par bond value will remain at par if interest rates remain constant. The return in each year co ...
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EMBA Corporate Finance - Home Page of Dr. Rodney Boehme

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... Machines (ATMs) and automated underwriting systems helped open new possibilities for many consumers. But financial innovation cannot be axiomatically qualified as desirable. The recent crisis has shown that there are economically deleterious financial innovations. To some extent, this point was rece ...
keycorp reports first quarter 2016 net income of $182
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... $.26 per common share, for the first quarter of 2015. During the first quarter of 2016, Key incurred mergerrelated expense totaling $24 million, or $.02 per common share, compared to $6 million in the fourth quarter of 2015. Excluding merger-related expense, earnings per common share were $.24 for t ...
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... Peak Plastics expects rapid sales growth next year. Sales for the current year were $4 million, and are expected to grow by 20% next year. Peak wants to estimate the external capital that will be required to finance this growth. The firm estimates that additional assets equal to 50% of the increase ...
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Slides 1-4 (1m:49s) Welcome to Introduction to Accounting

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The Regulatory Framework... A Change of Direction Bucharest – 12

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Welcome to Introduction to Accounting Preparing for a User`s

... Example: In 20X1 Jones Co. received $100 cash in advance from Bob Co. for sales commissions he expected to earn in 20X2. As you can see, the cash is received, and since he can’t record the revenue, we’ve got to figure out what the credit in this journal entry is going to be to balance out the receip ...
NBER WORKING PAPER SERIES INTERNATIONAL CAPITAL FLOWS AND HOUSE PRICES: Jack Favilukis
NBER WORKING PAPER SERIES INTERNATIONAL CAPITAL FLOWS AND HOUSE PRICES: Jack Favilukis

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Special Risks in Securities Trading
Special Risks in Securities Trading

... – Risks associated with custody of financial instruments Financial instruments can be held either in your country or abroad. Generally, they are held where they are most often traded, and are governed by the regulations that apply there. If your securities dealer becomes insolvent, Swiss law stipula ...
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Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
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