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Staff Study 172 - Using Subordinated Debt as an Instrument of Market Discipline 
(Dec 1999)
(Source : The Federal Reserve Board)

The following link is provided to the Federal Reserve Board's document titled: "Staff Study 172 - Using Subordinated Debt as an Instrument of Market Discipline 
(Dec 1999)"  and can be viewed from their web site. 

The document is in Adobe Acrobat Reader format.  The free Reader can be downloaded by clicking the following link: