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Finance and Credit
 

Covenant - the tools of financial engineering in the context of growing financial instability

ISSUE 20, MAY 2012

Available online: 23 May 2012

Subject Heading: Financial system

JEL Classification: 

Barynkina N.P. Lecturer of department "Economy", State University of Railways, Omsk
ff01@bk.ru

In the article concept "covenant" is examined. The foreign and domestic practice of the application of this financial tool in control of financial risk is investigated. Proposals on an improvement in the quality of the use of financial tools are introduced.

Keywords: covenant, innovation financial tool, risk

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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JUNE 2026

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