Example: stock market
The Securitization Process

The Securitization Process

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qCompare equivalent credit risks across different kinds of debt: corporate, sovereign, ABS qCompare alternatives across different ratings levels qObtain a relative as well as an absolute measure of credit risk qBe reasonably sure of a market to sell the security. n Moodys n Standard & Poors n Fitch n Moodys n Standard & Poors n Fitch

  Risks, Direct, Credit risk

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