default, repudiation/moratorium of a nation, and restructuring.
Reference Assets are the assets being an object of credit events, and this is referred to as reference credits or underlying assets. On the basis of the credit levels of reference assets, the possibility of occurrences of credit events differs and it puts massive influences on the decision of premium. Generally, protection buyer u
3. Agriculture
Finland's climate and soils make growing crops a particular challenge. The country lies between 60° and 70° north latitude - as far north as Alaska - and has severe winters and relatively short growing seasons that are sometimes interrupted by frosts. However, because the Gulf Stream and the North Atlantic Drift Current moderate the climate, Finland contains half of the world's
1. What is the "Hedge Fund"
1.1 What is Hedge Fund?
1.1.1 Definition of the "Hedge Fund"
1) What is a hedge fund?
"Hedge fund" is a general, non-legal term that was originally used to describe a type of private and unregistered investment pool that employed sophisticated hedging and arbitrage techniques to trade in the corporate equity markets. Hedge funds have traditionally been limited t
2) Managing external debt using sustainability indicators
External debt management involves balancing resource mobilization and deployment as well as orderly repayment of future obligations. For sustainable debt management, policy makers need to project accurate debt dynamics that are sensitive to the way the current account deficits are being financed. If borrowed resources are not used produ
risk, however, has been increasing. After successive reductions of interest rates and the lifting of quotas on loans, the expansion of credit accelerated significantly in 2009. In a context of relatively lax risk management, asset quality will be likely to deteriorate with the amount of non-performing loans increasing. With the government ready, however, to recapitalize banks if necessary, system