Eurodollars and Prime: Difference between pages

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1.
1. ''Credit rating.'' 


US Dollars held in time deposits in banks outside the United States.
The strongest credit ratings for shorter term obligations.
These banks may be foreign (non-US) owned or branches of US banks abroad.
 
Prime represents the strongest credit ratings, for the safest investments.




2.
2.


Any Eurocurrency deposit, not necessarily denonimated in US dollars.
More generally, highly creditworthy.
 
 
3.
 
More broadly still, the highest quality, however evaluated.




== See also ==
== See also ==
* [[Eurocurrency]]
* [[Credit]]
* [[International Banking Facilities]]
* [[Credit rating]]
*[[Investment grade]]
* [[NP]]
* [[P-1]]
* [[P-2]]
* [[P-3]]
* [[Sub-prime lending]]

Revision as of 14:54, 1 September 2016

1. Credit rating.

The strongest credit ratings for shorter term obligations.

Prime represents the strongest credit ratings, for the safest investments.


2.

More generally, highly creditworthy.


3.

More broadly still, the highest quality, however evaluated.


See also