Exact(3)
Unlike their bigger, increasingly global rivals, they cannot look to profits growth in frothy new markets to give their creditworthiness a push in the right direction.
In another measure of banks' suspicion of one another's creditworthiness, a closely watched measure of interbank stress, known as the Euribor-OIS spread, rose to its highest level since March 2009, according to Bloomberg data.
Rating downgrades or upgrades are often used as a contractual signal of a borrower's creditworthiness: a downgrade can trigger a demand for more collateral, a higher rate of interest on a loan or bond, or even an immediate repayment of debt.Some fear this can create a cliff down which a hard-pressed borrower can quickly tumble.
Similar(57)
(This is not to be confused with the problem-framing stage. You can use the same attributes to train a model for very different goals or use very different attributes to train a model for the same goal). In the case of modeling creditworthiness, an "attribute" could be the customer's age, income, or number of paid-off loans.
Unlike federal loans, these private loans require borrowers to prove a certain level of creditworthiness, an often-difficult measure for young students who have not yet established a credit history.
Ethnographies in the late 20th century suggest that stonehouses guaranteed creditworthiness, an embodiment of the owner's permanence and wealth (Allen 1979).
Over time, these data-driven metrics have been further refined in order to provide a clearer view into a borrower's creditworthiness -- a crystal ball fit for a King.
A borrower's creditworthiness depends a lot on reputation, something the lenders are quite blunt about.
But bondholders "almost always experience a decline in creditworthiness and a downgrade to their debt rating or rating outlook," Judy Warner writes in Directorship, commenting on a study done by Moody's Investors Service.
The cost of a CDS is seem as a good guide to market nervousness about the creditworthiness of a bond issuer.Investors can also buy a swap on sovereign debt.
Creating a synthetic ETF does not eliminate this illiquidity risk, but merely transforms it into a bet on the creditworthiness of a bank.
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