Euro and Interest bearing instruments: Difference between pages

Revision as of 17:59, 13 November 2016

Securities that pay interest at a specified rate either at periodic intervals or at maturity.

Instruments that are always issued in interest bearing form include Certificates of Deposit.

Instruments that may be issued either in interest bearing form or as discount instruments include Sterling commercial paper.

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-{{lowercase}}
+Securities that pay interest at a specified rate either at periodic intervals or at maturity.
-.
-A prefix meaning that currency is held in a different jurisdiction from its country of origin.
-For example eurodollar or euroyen or, more generally, eurocurrencies.
+Instruments that are always issued in interest bearing form include Certificates of Deposit.
+Instruments that may be issued either in interest bearing form or as discount instruments include Sterling commercial paper.
-.
-Established by the 1992 Treaty on European Union (TEU, better known as the Maastricht treaty) the euro is the official currency of the European Union (EU).
-The euro is used by 19 EU member states, known collectively as the 'euro zone', the other EU members having their own currencies.
-Note that the currency takes lower case except where a capital is grammatically or stylistically required, for example, at the start of a sentence.
-The ISO (three letter) currency code for the euro is EUR.
 == See also ==
-* [[Eurobond]]
+* [[Certificate of deposit]]
-* [[Offshore]]
+* [[Discount instruments]]
-* [[euro zone]]
+* [[Instrument]]
+* [[NIB]]
+* [[Sterling commercial paper]]