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Eurocurrency Credits

  • Brian Scott Quinn

Abstract

The facilities offered in the eurocurrency markets are not dissimilar to those offered in many domestic markets. This applies particularly to the United States domestic market, as many of the instruments and market practices are based on those in the United States. Apart from short-term credit (which is not part of this study), lending takes the form of medium-term (two- to twelve-year) credits extended on either a fixed rate basis or on what is known as a ‘floating rate’ basis, and either stand-by or term loan. Stand-by facilities can be of two types:1

Keywords

Interest Rate Swiss Franc Interbank Market Term Loan Commercial Paper 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 6.
    William Tell, ‘The Pitfalls of Tranche CD’s’, Euromoney (Jan 1973).Google Scholar

Copyright information

© Brian Scott Quinn 1975

Authors and Affiliations

  • Brian Scott Quinn
    • 1
  1. 1.Department of EconomicsUniversity of ReadingUK

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