Federal Reserve Bank of Philadelphia
Measuring Cov-Lite Right
More business loans today lack traditional covenants governing borrowers. Does that leave banks with fewer tools to ward off default?
Cite this item
Edison Yu, "Measuring Cov-Lite Right"
, Federal Reserve Bank of Philadelphia, Banking Trends, issue 3, pages 1-8, 2018.
Keywords: banks; banking; business loans
This item with handle RePEc:fip:fedpbt:00007
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