@book{ad5c67626e1f4eefb0042741010819f9,
title = "Complementing the credit risk assessment of financial counterparties with market-based indicators",
abstract = "The Bank of Canada{\textquoteright}s internal credit risk assessment abilities are regularly enhanced. In this note, we present a recent innovation that extends the set of market-based indicators used in the credit risk assessment of financial counterparties. These indicators supplement existing fundamental quantitative and qualitative credit risk analysis by providing a timely reading of markets{\textquoteright} perceptions of the credit quality of financial counterparties.",
keywords = "Credit risk management, Counterparty risk, Central bank, Market information",
author = "\{Ouellet Leblanc\}, Guillaume and \{van Oordt\}, Maarten",
year = "2017",
language = "English",
series = "Bank of Canada Staff Analytical Note",
number = "2017-15",
}