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imported>Doug Williamson |
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| 1.
| | A panda bond is: |
| | | * A Chinese renminbi-denominated bond |
| An agreement under which a person borrows money against a security.
| | * Issued in China |
| | | * By a non-Chinese borrower. |
| The security can be over any of the borrower’s assets but is commonly property (land and buildings) though it can be any pledgeable asset including, for example, ships or financial assets.
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| The lender may take possession of the asset if the borrower fails to repay the money.
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| The loan advanced, and the regular payment of money borrowed, under such an agreement.
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| Especially a loan secured on residential property.
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| 3. ''Law''.
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| The legal charge taken by the lender as security for the loans described above.
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| == See also == | | == See also == |
| * [[Affordability mortgage]] | | * [[Bulldog bond]] |
| * [[Buy-to-Let]] | | * [[Dim sum bond]] |
| * [[Certificate of title]] | | * [[Foreign bond]] |
| * [[Charge]] | | * [[Renminbi]] |
| * [[Charged]] | | * [[Samurai bond]] |
| * [[CMBS]] | | * [[Yankee bond]] |
| * [[Encumbrance]]
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| * [[European Mortgage Federation]]
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| * [[Equity]]
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| * [[Federal Home Loan Mortgage Corporation]] (FHLMC)
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| * [[Federal National Mortgage Association]] (FNMA)
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| * [[First lien]]
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| * [[First mortgage debenture]]
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| * [[Fixed charge]]
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| * [[Forbearance]]
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| * [[Foreclosure]]
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| * [[Government National Mortgage Association]] (GNMA)
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| * [[Interest]]
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| * [[Liquidity risk]]
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| * [[LTV]]
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| * [[Mortgage-backed securities]]
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| * [[Pipeline risk]]
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| * [[Prime]]
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| * [[Refinancing]]
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| * [[Refinancing risk]]
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| * [[Repossession]]
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| * [[Secured]]
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| * [[Securitisation ]]
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| * [[Securitise]]
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| * [[Security]]
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| * [[SVR]]
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| [[Category:Compliance_and_audit]]
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Revision as of 10:31, 18 July 2016
A panda bond is:
- A Chinese renminbi-denominated bond
- Issued in China
- By a non-Chinese borrower.
See also
