Eurocurrency Eurocurrency is money in the form of bank deposits of a currency outside the country that issued the currency.
Eurocurrency Certificates of Deposit (CDS), eurobonds, deposits, or any capital market instrument issued outside of the national boundaries of the currency in which the instrument is denominated (for example, Euro-Swiss francs, ...
A currency that is held on deposit outside its country of origin. The most extensively used eurocurrency is the eurodollar, U.S. dollars held on deposit outside the United States.
Eurocurrency Definition: Any currency deposited in a financial institution outside its country of origin. Finding out more...
Eurocurrency Currency deposited in bank branches outside countries where it is the national currency. Eurocurrency future Any of several available cash-settled futures on a 3-month Eurocurrency deposit.
Eurocurrency market: A money market, based mainly in Europe, engaged in the lending and borrowing of Eurocurrencies to finance international trade and investment projects.
Eurocurrency Money--also called "Euromoney"--deposited by corporations and governments in banks not located in their home countries. These banks are called "Eurobanks." The currencies or the banks are not necessarily European.
Eurocurrency deposit A short-term fixed-rate time deposit denominated in a currency other than the local currency (i.e., US dollars deposited in a London bank). Eurocurrency market ...
Eurocurrency. A deposit in a bank outside the depositor's country of origin. Most deposits are U.S. dollar deposits, although nearly all major Western currencies are represented.
Eurocurrency Eurocurrency is any major currency that is deposited by a national government or corporation based outside the country where the bank receiving the funds is located.
Eurocurrency Instrument issued outside your country, but denominated in your currency. A Eurodollar is a Certificate of Deposit in US dollars in some other country (though mainly traded in London). A Euroyen is a CD in yen outside Japan.
Eurocurrency Market - A money market for currencies held in the form of deposits in countries other than that where the currency is issued. Eurodollars - Dollar-denominated deposits held in a country other than the United States.
Eurocurrency - Currency deposits held in banks outside their country of origin, e.g. eurodollars are US dollar deposits held in banks outside the US, though not necessarily in Europe.
Eurocurrency loan with variable interest rate a Eurocurrency loan that is not given at a fixed rate of interest. Related definitions of "floating-rate note" Abbr FRN ...
Eurocurrency market The money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender. [ Previous Page ] ...
Eurocurrency Euro just means outside your country. So a Eurodollar is a certificate of deposit in U.S. dollars in some other country (though mainly traded in London). A Euroyen is a CD in yen outside of Japan. Eurocurrency deposit ...
A large Eurocurrency loan from a group of international banks. Synergistic effect A violation of value-additivity in that the value of a combination is greater than the sum of the individual values. Synergy ...
See also: Eurobond, Eurocurrency, Fed, Money Market ? Mentioned in Chicago Mercantile Exchange Eurobond ...
Paris Interbank Offer Rate (PIBOR) The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris.
The banks that constitute this market are the same banks that constitute the Eurocurrency market; the difference is that Eurocredit loans are longer-term than so-called Eurocurrency loans.
Interbank rate See: LIBOR Interbank spread The difference between a bank's offer and bid rates for deposits in the Eurocurrency market.
Eurocommercial paper The commercial paper issued in a Eurocurrency. Eurocredit Lending done using Eurocurrency. Eurocurrency The currency deposited by firms and federal governments in banks outside their...
A bond that is issued outside of the jurisdiction of any single country, denominated in a eurocurrency. Eurocurrency See Eurodollar. Eurodad ...
This phenomenon is due mainly to several factors: (1) the maturation of the eurocurrency markets since the 1960s; (2) dramatic changes in trading room technology in recent years, ...
INTERBANK RATE - the difference in the Eurocurrency market between bid rates for deposits and a bank's ... INTERBANK SPREAD - The difference between a bank's offer and bid rates for deposits in the Eurocurrency...
The average interest rate which major London banks borrow Eurocurrency deposits from other banks. LIBID is calculated through a survey of London banks to determine the interest rate which they are willing to borrow large eurocurrency deposits.
The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris. Planned financing program Program of short-term and long-term financing as outlined in the corporate financial plan.
Eurocurrency A currency that is deposited in banks outside its country of origin, typically a non-European currency deposited in Europe....(Read more) Eurodollar US dollar currency deposited in banks outside the USA....(Read more) ...
Syndicated Loan A large Eurocurrency loan from a group of international banks. Syndication The selling of a project finance to a group of prospective participants, the syndicate.
NIF - Note Issuance Facility - A syndicate of commercial banks that have agreed to purchase any short to medium-term notes that a borrower is unable to sell in the eurocurrency market.
A branch that an American bank establishes in the United States to do Eurocurrency business. International bonds A collective term that refers to global bonds, Eurobonds, and foreign bonds.
Note issuance facility (NIF) An agreement by which a syndicate of banks indicates a willingness to accept short-term notes from borrowers and resell these notes in the Eurocurrency markets.
See also: Banks, Eurocurrency market, Expected return, Yield curve, Values
 
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