Bridge and Continuous linked settlement: Difference between pages

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imported>Doug Williamson
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1. ''Finance - facilities.''
(CLS).  


Abbreviation for ''bridge financing'' or ''bridge facility''.
A global real-time settlement system for foreign exchange transactions that eliminates foreign exchange settlement risk caused by delays arising from time-zone differences; the so-called Herstatt risk.


A bridge is a loan or facility that is expected to be used on an interim basis only.


== See also ==
* [[Settlement system]]
* [[Herstatt risk]]
* [[Intraday risk]]
* [[Payments and payment systems]]
* [[Real-time gross settlement system]]  (RTGS)
* [[Settlement]]


:<span style="color:#4B0082">'''''Successful demerger - GSK/Haleon'''''</span>


:"The separation and demerger of Haleon from GSK was a multi-faceted transaction that demanded deep involvement from both treasury teams, on both a strategic and operational level...
==Other resource==
[http://www.treasurers.org/node/6124 The Great FX Fix, The Treasurer Cash Management Supplement 2009]


:The many tasks the teams had to achieve, to a strict timetable, included... setting up term loans ($1.5bn) and a bridge to DCM for Haleon ($10bn)."
:''The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Large team of the year.''
2.  ''Cooperation - communication.''
A forum or facility to enable communication and collaboration.
For example, the Association for Financial Markets in Europe (AFME) aims to act as a bridge between market participants and policy makers.
3.  ''Verb.''
To create such a forum, facility or measure designed to enable communication and collaboration.
For example, the Return on Sustainability Investment measure is designed to bridge the gap between sustainability strategies and financial performance.
==See also==
*[[Association for Financial Markets in Europe]]  (AFME)
*[[Bridge Bank]]
*[[Bridge currency]]
*[[Bridge facility]]
*[[Bridge financing]]
*[[Bridge to bond]]
*[[Debt capital market]]  (DCM)
*[[Demerger]]
*[[Return on Sustainability Investment]]  (ROSI)
*[[Term loan]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Latest revision as of 22:04, 7 July 2022

(CLS).

A global real-time settlement system for foreign exchange transactions that eliminates foreign exchange settlement risk caused by delays arising from time-zone differences; the so-called Herstatt risk.


See also


Other resource

The Great FX Fix, The Treasurer Cash Management Supplement 2009

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