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"We create liquidity for it".
"Ultimately, it shouldn't be anyone's goal to go public; this is just a financing event to create liquidity for investors and shareholders," he said.
If Indonesia goes for a currency board, it cannot create liquidity for its banks; a currency board cannot be a lender of last resort.
For more than a year the country's respected central bank tried to create liquidity for the banks with a secondary market in mortgages modeled on America's $2 trillion mortgage-backed securities market.
With the commercial real estate industry being the largest industry in the U.S. by asset value, if you don't clear the market and create liquidity for transactions to happen, you end up with this massive overhang on the economy and the banks for a long period of time.
It got full transparency, audited financials - there is a market now - which means this company is able to create liquidity for its investors.
Similar(54)
But it does need to come up with new ways of creating liquidity for the financial system.
The deal goes beyond just creating liquidity for investors in the eight-year old company.
The promise of creating liquidity for a theoretically limitless property market is what got LinkedIn founder Reid Hoffman excited about Airbnb.
The real opportunity for this market to take off is creating liquidity for the companies "below the fold"– so to speak.
They insured the mortgages creating liquidity for the lending sector so they would not have to carry those mortgages on their books.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com