Loan Commitments: Issues Related to Pricing, Trading, and Accounting
- Source:
- U.S. General Accounting Office
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Overview: This report discusses differences between the pricing of loan commitments and loans, and assesses data that are available about the trading of loan commitments; the extent to which credit default swaps are used to reduce the credit risk from loan commitments, and what credit default swap prices indicate about the prices of loan commitments; and differences between commercial and investment banks' accounting treatment of loan commitments, and the strengths and weaknesses of fair value accounting.
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Format: PDF | Size: 526KB | Date: Feb 2005 | Pages: 52




