Regarding banking industry trends that lead to the liquidity crisis, which of the following statements is correct ?
A.
Asset-liability maturity mismatch refers to the purchase of short-term assets through short-term financing.
B.
Banks use commercial paper and long-term bonds to finance the purchase of long-term assets.
C.
The subprime mortgage crisis reached its peak in June and July of 2007.
D.
Management of asset-liability maturity mismatch refers to risk transference through asset securitization.