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Obligation Assimilable Du Trésor
OATs (Obligations assimilables du Trésor) are government bonds issued by Agence France Trésor (French Treasury), generally by auction according to an annual calendar published in advance. These fungible securities are issued with maturities of seven to 50 years, and have become the method of choice for placing the French government's long-term debt. See also * List of government bonds * BTF * BTAN A BTAN or Bon à Taux Annuel Normalisé (''Pl.: Bons à Taux Annuel Normalisés'') was a coupon-bearing French government bond A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generall ... References Economy of France Government bonds issued by France {{econ-policy-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Bonds
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity date. For example, a bondholder invests $20,000, called face value or principal, into a 10-year government bond with a 10% annual coupon; the government would pay the bondholder 10% interest each year and repay the $20,000 original face value at the date of maturity (i.e. after 10 years). Government bonds can be denominated in a foreign currency or the government's domestic currency. Countries with less stable economies tend to denominate their bonds in the currency of a country with a more stable economy (i.e. a hard currency). When governments with less stable economies issue bonds, there is a possibility they will be unable to repay bondholders, resulting in a default. All bonds carry a default risk. International credit rating agencie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fungible
In economics, fungibility is the property of a good or a commodity whose individual units are essentially interchangeable, and each of whose parts is indistinguishable from any other part. Fungible tokens can be exchanged or replaced; for example, a $100 note can easily be exchanged for twenty $5 bills. In contrast, non-fungible tokens cannot be exchanged in the same manner. For example, gold is fungible because its value doesn’t depend on any specific form, whether of coins, ingots, or other states. However, a unique item such as a gold statue by a famous artist would not be considered fungible. In short, a thing is fungible when all equivalent amounts of that thing are interchangeable. Fungible commodities include sweet crude oil, company shares, bonds, other precious metal Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble meta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maturity (finance)
In finance, maturity or maturity date is the date on which the final payment is due on a loan or other financial instrument, such as a bond or term deposit, at which point the principal (and all remaining interest) is due to be paid. Most instruments have a ''fixed maturity date'' which is a specific date on which the instrument matures. Such instruments include fixed interest and variable rate loans or debt instruments, however called, and other forms of security such as redeemable preference shares, provided their terms of issue specify a maturity date. It is similar in meaning to "redemption date". Some instruments have ''no fixed maturity date'' which continue indefinitely (unless repayment is agreed between the borrower and the lenders at some point) and may be known as "perpetual stocks". Some instruments have a range of possible maturity dates, and such stocks can usually be repaid at any time within that range, as chosen by the borrower. A ''serial maturity'' is when b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Government Bonds
This is a list of categories of government bonds around the world. Main issuers Country by country data Asia Issued by: Ministry of Strategy and Finance *Korea Treasury Bond (KTB) *Korea International Bond (KIB) *National Housing Bond (NHBMinistry of Strategy and Finance Issued By: Ministry of Finance (Zaimu-shō) *Japanese Government Bonds (JGBs) **Revenue Bonds/Straight Bonds **Financing Bills **Subsidy Bonds **Subscription Bonds **Contribution Bonds **Demand Bonds (kofu kokusai) **Index-linked Bonds (JGBiMinistry of Finance Issued by: Hong Kong Monetary Authority * Government Bond Programm Issued by: [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BTF (finance)
BTFs (Bons du Trésor à taux fixe et à intérêts précomptés) are fixed-rate short-term discount Treasury bills issued by the French debt agency Agence France Trésor (AFT). They are fungible securities whose original maturity is less than or equal to one year. BTFs are issued on a weekly basis by auction An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition e ..., according to a quarterly calendar published in advance specifying the maturity of bills to be auctioned. A 3-month BTF is issued each week, together with a semi-annual or annual BTF. References * DesJardine, M., & Bansal, P. T. (2015). Failing to meet analysts’ expectations: How financial markets contribute to corporate short-termism. ''Available at SSRN 2674258''. * Lockwood, T., & Renda-Tanali, I. (2010). A New Market R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BTAN
A BTAN or Bon à Taux Annuel Normalisé (''Pl.: Bons à Taux Annuel Normalisés'') was a coupon-bearing French government bond A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity dat ... with a two to five year maturity. The last of these matured on 25 July 2017. References * External linksBTAN sur le sitede l' Agence France Trésor, qui gère la dette de l'État Government bonds issued by France {{econ-term-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of France
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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