Uncovered: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 14/8/13) |
imported>Doug Williamson (Link with Covered bond page.) |
||
| Line 19: | Line 19: | ||
* [[Hedging]] | * [[Hedging]] | ||
* [[Uncovered interest arbitrage]] | * [[Uncovered interest arbitrage]] | ||
* [[Covered bond]] | |||
Revision as of 15:29, 11 November 2015
1.
In relation to a cover ratio, the situation where the cover ratio falls below 1.0.
2.
In relation to a market position, the situation where the position taker is exposed to the risk of adverse changes in market rates or prices.
3.
In relation to an operational exposure, an uncovered exposure is one which has not been hedged.
