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Gensaki

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Gensaki
A Japanese term for the secondary market.


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Secondary 1976 Free money market market gensaki (spontaneously in operation since 1969) leads to gradual desintermediation of banks.
The effect of the oil-price shock in the early 1970s facilitated the development of the gensaki market (the market for bond repurchase agreements) and the secondary market in government debt.
Cash flow differences from payment and collection of funds on Japanese Gensaki investments.
 
 
 
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