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Glossary

The glossary offers definitions of technical terms commonly used in BIS statistics.
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Guarantor basis

Methodology whereby positions are allocated to a third party that has contracted to assume the debts or obligations of the primary party if that party fails to perform. In the CBS, claims on a guarantor basis are allocated to the country and sector of the entity that guarantees the claims (or, in the case of claims on branches, the country of the parent bank).