01540cas a2200265 a 4500 AALejournalIMF003910 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451862737 1018-5941 BD-DhAAL BD-DhAAL Loukoianova, Elena. Pricing and Hedging of Contingent Credit Lines / Elena Loukoianova, Salih Neftci, Sunil Sharma. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Contingent credit lines (CCLs) are widely used in bank lending and also play an important role in the functioning of short-term capital markets. Yet, their pricing and hedging has not received much attention in the finance literature. Using a financial engineering approach, the paper analyzes the structure of simple CCLs, examines methods for their pricing, and discusses the problems faced in hedging CCL portfolios. Mode of access: Internet Neftci, Salih. Sharma, Sunil. IMF Working Papers; Working Paper ; No. 2006/013 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/013/001.2006.issue-013-en.xml IMF e-Library