Any anons that might glean anything from this? “Evergreen” and “Breaks” in the news today regarding BIS.
When loans go bad, banks may “evergreen” them.
https://wolfstreet.com/2019/10/02/low-negative-interest-rates-undermine-banks-core-business-push-them-to-take-big-risks-bis/
“ The data are subject to revision and are affected by “breaks” in series -“
What Is an Evergreen Loan?
An evergreen loan is a loan that does not require the repayment of principal during the life of the loan, or during a specified period of time. In an evergreen loan, the borrower is required to make only interest payments during the life of the loan.
Q?