International Integrated Reporting Framework Board and Lenders Option Borrowers Option: Difference between pages

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''Financial reporting - sustainability - Value Reporting Foundation''.
(LOBO).


The Value Reporting Foundation (VRF) is established to help businesses and investors to deepen and broaden their understanding of sustainable enterprise value.


The International Integrated Reporting Framework Board is part of the VRF.
A long term borrowing instrument with periodic interest re-fixings, which incorporates two linked options:


#An option for the lender to set revised (usually higher) interest rates at predetermined interest reset dates - for example annually. This is the Lender's option.
#A linked option for the borrower (exercisable only if the Lender’s option is exercised) either to pay the revised interest rate, or else to redeem the bond. This is the Borrower’s option. 


The role of the International Integrated Reporting Framework Board includes:
*Recommending for approval any revision, modification or other update to the International Framework.
*Providing input on other guidance material relating to integrated reporting or integrated thinking.


LOBOs have been issued for maturities of up to 50 years.


The International Integrated Reporting Framework Board is sometimes written ''<IR> Framework Board''.
Each of the two embedded options can be complex to value with precision, potentially making the composite borrowing instrument difficult for some less sophisticated borrowers to evaluate.




== See also ==
Also written 'Lender's Option Borrower's Option'.
* [[Accounting for Sustainability]] (A4S)
* [[Business & Sustainable Development Commission]]
* [[Carbon footprint]]
* [[Corporate social responsibility]]
* [[Enterprise value]]
* [[Financial stability]]
* [[Integrated Reporting Framework]]
* [[Integrated Thinking Principles]]
* [[Metaeconomics]]
* [[Natural capital]]
* [[Organic]]
* [[SRI]]
* [[Sustainability]]
* [[Sustainability Accounting Standards]]  (SASB Standards)
* [[Sustainability Accounting Standards Board]] (SASB)
* [[Sustainability bond]]
* [[Sustainable Finance Disclosure Regulation]] (SFDR)
* [[Value driver]]
* [[Value Reporting Foundation]]




==External link==
== See also ==
*[https://www.integratedreporting.org/the-iirc-2/structure-of-the-iirc/ir-framework-panel/ The International Integrated Reporting Framework Board - about us]
* [[Option]]

Revision as of 14:31, 4 December 2015

(LOBO).


A long term borrowing instrument with periodic interest re-fixings, which incorporates two linked options:

  1. An option for the lender to set revised (usually higher) interest rates at predetermined interest reset dates - for example annually. This is the Lender's option.
  2. A linked option for the borrower (exercisable only if the Lender’s option is exercised) either to pay the revised interest rate, or else to redeem the bond. This is the Borrower’s option.


LOBOs have been issued for maturities of up to 50 years.

Each of the two embedded options can be complex to value with precision, potentially making the composite borrowing instrument difficult for some less sophisticated borrowers to evaluate.


Also written 'Lender's Option Borrower's Option'.


See also

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