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Banks issue credit-linked notes to transfer credit risk while providing attractive investment opportunities for clients. By doing so, they can manage their credit exposure and provide investors with a chance for higher returns based on the creditworthiness of underlying entities. The Credit Linked Notes PROMISE-I Mobility 2005-1 PLC Communications Issuer PROMISE-I Mobility 2005-1 serves as an effective financial tool for banks to achieve these objectives.
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