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IMF calls for debt securitisation to be revived
Instrument needed now in order to boost bank lending, especially to credit-starved SMEs, it says
Published Thu, Jan 29, 2015 · 09:50 PM
Tokyo
DEBT securitisation earned itself a bad name from the global financial crisis of 2008, but the International Monetary Fund (IMF) is now seeking to reform and rehabilitate the practice on the grounds that it can bolster economic growth and the stability of the financial system.
It said in a report that the subprime mortgage market c…
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