Letter-of-Credit Enhancement of Commercial Paper Issues : A Case Study in the Competitiveness of U.S. Banks.

Examines the role of U.S. and foreign banks in providing letter-of-credit backing for corporate commercial paper and adjustable-rate securities (industrial revenue bonds). Compares bank activity in providing letters of credit during 1985 and 1989. Includes tables.

Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1991-1992.
Series:	U.S. Congressional Research.
Subjects:	Banks and banking. Competition. Securities. Electronic books.
Online Access:	Connect to the full text of this electronic book