Starting from this October, however, the projections in the October Outlook Report will extend to the fiscal year after next. In the case of other central banks, shorter forecast horizons are 1 to 2 years but some extend to around 3 years.
In addition to enhanced liquidity and transparency, the recent developments in credit markets have equipped market participants with new tools for taking on, hedging, and managing credit risk. These new tools allow investors to more easily customize their credit risk portfolios.