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The Credit Risk in Stock-Based Loans

Stock-based loans are an increasingly popular form of loan that are collateralised using stocks. Since these loans are often non-recourse loans, the lenders are subject to the risk that the collateral is worth less than the loan, and the borrower defaults. This dissertation will consider the credit...

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Bibliographic Details
Main Author: Korula, Febin
Other Authors: McWalter, Thomas
Format: Thesis
Language:English
Published: African Institute of Financial Markets and Risk Management 2019
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