Your English writing platform
Discover LudwigExact(1)
It is common practice for investment banks and other financial outfits to pay agencies to rate assets they will later sell.
Similar(56)
When short-term interest rates are close to zero, open-market operations in which the central bank prints money and buys government debt don't do anything, because you're just swapping one more or less zero-interest rate asset for another.
Economic cost per CDSS contact was 52.7 USD but sensitive to discount rate, asset useful life and input cost variations.
For instance, they say, institutions that invest in fixed-rate assets like mortgage-backed securities could wind up in trouble if the Federal Reserve continues to bump up interest rates, while institutions that invest in floating-rate assets, which are more flexible, will be better able to swing with the punches.
If they have lots of short-term floating-rate liabilities (such as savings accounts) but long-term fixed-rate assets (such as loans) they can "swap" long-term assets into short-term ones.
"As rating agencies inadequately rated assets then, they are likely overestimating the value of fossil fuel assets now".
With triple-A rated assets, that had not been expected to become a problem.
These are highly rated assets, but the market for them has almost dried up in recent weeks.
Those are highly rated assets, but the market for them has almost dried up in recent weeks.
Goldman Sachs selected the referenced assets, collaborating with its mortgage traders to identify BBB rated assets on its books.
Because so many funds are required to hold highly rated assets, a downgrade can set off a financial collapse by forcing investors to sell.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com