Fed in Print

Federal Reserve Bank of Philadelphia

Banking Trends

Measuring Cov-Lite Right

Abstract

More business loans today lack traditional covenants governing borrowers. Does that leave banks with fewer tools to ward off default?

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Edison Yu, "Measuring Cov-Lite Right" , Federal Reserve Bank of Philadelphia, Banking Trends, issue 3, pages 1-8, 2018.

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Keywords: banks; banking; business loans

This item with handle RePEc:fip:fedpbt:00007 is also listed on EconPapers and IDEAS.

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Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.