papier à terme offert en permanence
- Domaine
-
- finance
Terme :
- papier à terme offert en permanence n. m.
Traductions
-
anglais
Auteur : Banque mondiale / World Bank,Définition
The first amount was $481.5 million, followed by an amount of $ 463.5 million. Buyers can obtain maturities from 3 to over 30 years, as they choose. The program is indefinite (hence continuously offered) and of a longer term than the Bank's previous discount note system. It will extend the range of paper available in the medium-term note market initially medium-term meant 2-4 years but now covers up to 30 years or more. Various COLTS products have been offered, including fixed rate COLTS offered at par the conventional product of the medium-term note market, at a premium and at a discount, zero coupon COLTS, treasury-bill based variable rate COLTS and amortizing COLTS.
Note :
Program of securities issued by the World Bank, starting in 1986.
Termes :
- continuously offered longer-term securities
- COLTS