TERMIUM Plus®

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EURO-NOTE FACILITY [1 record]

Record 1 1998-03-11

English

Subject field(s)
  • Banking
DEF

Include primarily very short-term securities issued on the Euromarket, which are continually rolled over but with a safety net in the form of a backstop (a standby enrocredit) if the issue is not taken up. Four generations have been identified up to now: 1) revolving underwriting facility (RUF); 2) tender panel issues, such as note issuance facilities (NIF), purchase underwriting facilities (PUF), etc.; 3) multioption facilities (MOF) or multicomponent facilities; 4) euronotes and eurocommercial paper.

French

Domaine(s)
  • Banque
CONT

[Les facilités d'émissions souscrites] consistent schématiquement en l'émission de titres à court terme [...] accompagnés d'une ligne de garantie sous forme d'euro-crédit.

OBS

Traduction de la Banque des règlements internationaux.

Key term(s)
  • facilités d'émissions souscrites
  • facilités d'euronotes

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
Key term(s)
  • servicios financieros para eurodólares
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