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VI. Assets, Currencies and Liability Redemptions
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6.2. Asset Underwritten Currencies |
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Article 94- Asset Underwritten Currencies |
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Asset Underwritten Currencies |
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An Asset Underwritten Currency is any Currency that is based upon the underwriting and assurance of tangible assets and/or securitized assets, as opposed to debt instruments. All Currencies issued by the Bank, such as Supreme Credits, are Triple Asset Underwritten Currencies. |
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