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

Description
Summary:	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.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.