Drop-lock bond and Dual reporting: Difference between pages

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''Bond pricing.''
The prevailing system of reporting under the European Market Infrastructure Regulation<ref> http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF</ref> (EMIR), under which both parties to a transaction  are required to report it.


A bond or similar instrument which initially bears interest at a variable rate as if it were a floating rate obligation, but which will change to bear interest at a predetermined fixed rate in the event that a defined market rate falls to a stated level.  
Sometimes known as 'DSR' (Dual-Sided Reporting).
 
 
The Association of Corporate Treasurers and others are lobbying for a system of single-sided reporting (SSR) of transactions between financial counterparties (FCs) and non-financial counterparties (NFCs), under which only the financial counterparty would be required to report the trade.




== See also ==
== See also ==
* [[Bond]]
* [[EMIR]]
* [[Fixed rate]]
* [[FC]]
* [[Floating rate]]
* [[Legal entity identifier]]
* [[Market rate]]
* [[MiFID]]
* [[NFC]]
* [[SSR]]
* [[Trade repository]]
 
 
 
== Other resource==
[https://www.treasurers.org/ACTmedia/EMIR_Consulation_Response_August_2015.pdf ACT's EMIR Consultation Response, August 2015]
 
 
==References==
<references />


[[Category:Financial_products_and_markets]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 21:05, 29 June 2022

The prevailing system of reporting under the European Market Infrastructure Regulation[1] (EMIR), under which both parties to a transaction are required to report it.

Sometimes known as 'DSR' (Dual-Sided Reporting).


The Association of Corporate Treasurers and others are lobbying for a system of single-sided reporting (SSR) of transactions between financial counterparties (FCs) and non-financial counterparties (NFCs), under which only the financial counterparty would be required to report the trade.


See also


Other resource

ACT's EMIR Consultation Response, August 2015


References