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The Matching Adjustment : theory and practice

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      <subfield code="a">Overview -- General approach for calculating the matching adjustment:  the matching adjustment (MA) is a mechanism that prevents changes in the value of assets, caused by spread movements, from flowing through to companies balance sheets for portfolios where companies have fully or partially mitigated the impact of these movements --The matching adjustment under the Long-term Guarantee Assessment (LTGA) -- Q&A
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