Funding and International bond: Difference between pages

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1.  


Medium to longer term borrowing by a non-financial undertaking to meet its operational needs.
Formerly (and still much more commonly) known as a Eurobond.


An offshore bond in the international capital markets, issued in a [[Eurocurrency]], most frequently in USD. 


2.
Maturities at issue are normally greater than one year.


More generally, the provision or the sources of finance necessary for the continuing operation of an undertaking.  
They are usually - but not always - in bearer form.


In this context, sources of finance for non-financial organisations would include creditors, bank lenders, bondholders and shareholders.
They can be issued on any interest basis.




3. ''Pensions.''
2.  


The provision in advance for future liabilities in a defined benefit pension scheme by the accumulation of assets.
Any bond issued outside the country of domicile of the issuer.


This includes both eurobonds, defined above, and foreign bonds.


4. ''Banking.''


In the banking context, sources of funding include retail customer deposits and equity, as well as wholesale and longer term borrowings.
3.


Banks' funding - very broadly - can be categorised as 'own funds' or 'borrowed funds'.
The term 'international bond' is also sometimes used (incorrectly) to refer to a global bond.




== See also ==
== See also ==
* [[Borrowed funds]]
* [[Domestic bond]]
* [[Defined benefit pension scheme]]
* [[Eurobond]]
* [[FFL]]
* [[Eurocurrency]]
* [[Flighty]]
* [[Foreign bond]]
* [[Funding liquidity risk]]
* [[Global bond]]
* [[Funding management]]
* [[Funding ratio]]
* [[Funding risk]]
* [[Liquidity]]
* [[MCT]]
* [[Net stable funding ratio]]
* [[Own funds]]
* [[Stability]]
* [[Sticky]]


 
[[Category:Technical_skills]]
===Other links===
[http://www.afponline.org/publications-data-tools/reports/guides/global-liquidity-guides/Detail/short-term-borrowing AFP Guide to Global Short Term Borrowing]

Latest revision as of 12:02, 11 May 2016

1.

Formerly (and still much more commonly) known as a Eurobond.

An offshore bond in the international capital markets, issued in a Eurocurrency, most frequently in USD.

Maturities at issue are normally greater than one year.

They are usually - but not always - in bearer form.

They can be issued on any interest basis.


2.

Any bond issued outside the country of domicile of the issuer.

This includes both eurobonds, defined above, and foreign bonds.


3.

The term 'international bond' is also sometimes used (incorrectly) to refer to a global bond.


See also

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