After the interception, we wanted to stick with what was safe at the time.
After the interception, we wanted to stick with what was safe at the time.
These are probably extreme cases. More often, structures are calibrated so that assets pay down while a derivative amortizes. Most investors, who do not want their returns squeezed, would insist that the original transactions are modified to contain risks.
© 2020 Inspirational Stories
© 2020 Inspirational Stories