What's the meaning of "Lock and key liquidity"," in favor of","A two-pronged approach to hedging"?
Lock and key liquidity
The current credit crisis has altered the risk-return equation in favor of minimizing risk at a time when funding options for corporates are increasingly scarce. A two-pronged approach to hedging that optimizes the capital structure while allowing the corporate to create real cash benefits from market opportunities should therefore be adopted. The value of this approach has never been as clear as in the current market environment.