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| Credit unions are not-for-profit mutual organisations that are owned and controlled by their members.
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| | (IBOXX). |
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| They offer savings, lending and other services to their members who meet criteria set out in a ‘common bond’ – such as living and working in a particular area or working for a certain employer.
| | iBoxx is a bond market index. |
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| There are limitations to the extent of business they are authorised to undertake.
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| A credit union requires authorisation, but the requirements are generally simpler than for a bank or building society.
| | == See also == |
| | * [[Bond]] |
| | * [[Bond market index]] |
| | * [[Index]] |
| | * [[iTraxx]] |
| | * [[VIX]] |
| | * [[Volatility index]] |
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| ==See also==
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| *[[Bank]]
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| *[[Building society]]
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| * [[Credit]]
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| *[[Credit institution]]
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| *[[Mutual]]
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| *[[Not-for-profit]]
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| [[Category:The_business_context]]
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| [[Category:Financial_products_and_markets]] | | [[Category:Financial_products_and_markets]] |
Latest revision as of 07:51, 27 June 2022
(IBOXX).
iBoxx is a bond market index.
See also
