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Revolving securitisation structures, such as the securitisation of credit card receivables, are permitted under the ABS Guidelines.
Remark: A Bond is a debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, states and U.S. and foreign governments to finance a variety of projects and activities.
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