A double dip transaction is a financial arrangement through which it is possible to generate liquidity for companies already facing financial difficulties. With a double dip transaction , a company creates its own subsidiary with the sole purpose of raising funds trough a bond issuance. The proceeds of the bond loan are then lent to the parent company in the form of a guaranteed loan (i.e. the parent company provides its assets as collateral), thus generating different rights of recourse over the same collateral. The double dip transaction must be permitted by pre-existing bond contracts and loans.
The beta of deposits represents the sensitivity of the cost of a bank's deposits to the trend of short-term rates set by the central bank. For example, a deposit beta of 0.5 means that for each percentage increase in the cost of money decided by the central bank, the bank's deposit costs will increase by 0.5.