Bankers' acceptances: yesterday's instrument to restart today's credit markets?

Journal Article

Abstract: A bankers' acceptance is created when a bank agrees to `accept,' or guarantee, a future payment between two firms.

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File(s): File format is application/pdf https://fraser.stlouisfed.org/title/economic-synopses-6715/bankers-acceptances-624220
Description: Full text

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2009

Order Number: 5