| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
A DEBT SELECTION MODEL FOR BANKS OF THE COOPERATIVE FARM CREDIT SYSTEM
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| Autores: |
Tauer, Loren W.
Boehlje, Michael
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| Data: |
2003-12-29
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| Ano: |
1981
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| Palavras-chave: |
Agricultural Finance
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| Resumo: |
This article discusses the application of a quadratic programming model to the bond and note participation decision of a Cooperative Farm Credit Bank. The model generates an efficient frontier of bond and note portfolios from which a bank can choose. The composition of these portfolios depends upon the expected cost and variance-covariance of cost for the bond and note activities, debt needs, and the debt policy constraints of a bank. The results indicate that the interest rate risk of various bond and note issues should be considered when making debt participation decisions.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
11845
http://purl.umn.edu/32581
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| Editor: |
AgEcon Search
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| Relação: |
Western Journal of Agricultural Economics>Volume 06, Number 02, December 1981
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| Formato: |
14
application/pdf
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