Schuldschein and Schuldsheindarlehen: Difference between pages
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(SSD). | |||
A loan instrument usually governed by German law. | A loan instrument usually governed by German law. | ||
Sometimes translated as 'certificate of indebtedness'. | |||
They are bilateral loans, privately placed, unlisted and unregistered. | |||
They are not securities as the debt is legally constituted by the underlying loan agreement, rather than by the certificate of indebtedness itself. | They are not securities as the debt is legally constituted by the underlying loan agreement, rather than by the certificate of indebtedness itself. | ||
Historically the largest category of | Historically the largest category of Schuldscheindarlehen issuers has been German public authorities, but the market is also tapped by corporate borrowers and financial institutions. | ||
Also known as '' | Also known as ''Schuldscheine''. | ||
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== | ===Other links=== | ||
[http://www.treasurers.org/node/4070 A burst of energy, The Treasurer, 2008] | [http://www.treasurers.org/node/4070 A burst of energy, The Treasurer, 2008] | ||
[[Category: | [[Category:The_business_context]] | ||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 12:44, 19 September 2019
(SSD).
A loan instrument usually governed by German law.
Sometimes translated as 'certificate of indebtedness'.
They are bilateral loans, privately placed, unlisted and unregistered.
They are not securities as the debt is legally constituted by the underlying loan agreement, rather than by the certificate of indebtedness itself.
Historically the largest category of Schuldscheindarlehen issuers has been German public authorities, but the market is also tapped by corporate borrowers and financial institutions.
Also known as Schuldscheine.
See also
