In terms of asset class: instruments with main exposure in the fixed income markets, i.e. interest rate and issuer risks. Includes convertible bonds and structured products with ...
Gentlemen prefer bonds, punned Andrew Mellon, an American tycoon. A bond is an interest-bearing security issued by governments, companies and some other organizations. Bonds are ...
Also: bureau de change. Banking department/teller area that handles currency exchange and related business (such as coin dealing, traveller's cheques and letters of credit)
Name commonly used for the International Bank for Reconstruction and Development. Like the International Monetary Fund, it was established in 1944 at Bretton Woods (USA) and has ...
Abbr.: EMU. Established under the Maastricht Treaty on European Union. In the broader sense an economic and monetary union. Participating countries are obligated to pursue a ...
Abbr.: ECB. Central bank of the European Monetary Union whose remit is to implement European monetary policy within the EMU. The headquarters of the European Central Bank are in ...
Abbr.: EMI. Precursor of the European Central Bank responsible for coordinating monetary and economic policy in the EMU countries in preparation for the third phase of the ...
Abbr.: EMS. The European Monetary System I (EMS I) was a system of fixed, but nonetheless flexible, exchange rates determining the exchange rates for the currencies of certain EU ...
30 词条
