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As of today only a handful of agencies have adapted their programmes to the needs of institutional investors. US Ex¬Im led the way with the introduction of the guarantee programme for capital markets investors three years back, which has been utilised for quite some time in the aviation sector. A similar programme has been introduced by ECGD in the UK, but so far it has not been extensively used due to the unfavourable market conditions.

New sources of trade liquidity find their place - March 2012

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