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What are off balance sheet items?

Answer Posted / jyothsna

Direct credit substitutes in which a bank substitutes its
own credit for a third party, including standby letters of
credit
Irrevocable letters of credit that guarantee repayment of
commercial paper or tax-exempt securities
Risk participations in bankers acceptances
Sale and repurchase agreements
Asset sales with recourse against the seller
Interest rate swaps, interest rate options and currency
options

Is This Answer Correct ?    13 Yes 17 No



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