Treasury Finance And Development Banking A Guide To Credit Debt And Risk
Publisher: John Wiley & Sons Inc
Published: 2013
Language: eng
Number of pages: 299
ISBN-13: 9781118729120
Description: Before the credit crisis, credit was primarily considered only when dealing with counterparty credit risk, high-yield debt, or credit-linked derivatives. Credit and credit risk now permeate every corner of the financial world. This book analyzes credit from the beginning--the point at which a borrowing entity decides to raise capital through its treasury operation. The author delves into the crucial functions that treasury funding plays in the operations of financial institutions, governments, and corporations. More importantly, he clearly demonstrates the various ways that treasury funding affects how financial activities are assessed, transactions are priced, and financial risks are managed.