Glossary entry (derived from question below)
anglais term or phrase:
act/360 with a short first coupon
français translation:
jours réels 360/ premier versement d'intérêt inférieur à la normale
Added to glossary by
Jacqueline Johnston
May 2, 2006 14:15
18 yrs ago
1 viewer *
anglais term
act/360 with a short first coupon
anglais vers français
Affaires / Finance
Finance (général)
contexte:
"The Price shall be determined such that if the Swap Counterparty enters into a discount swap transaction with a swap dealer of recognised standing with an effective date corresponding to the Effective Date of the Swap Unit under which swap transaction the Swap Counterparty would pay 6m Euribor (semi-annual, *** act/360 with a short first coupon *** using interpolated Euribor) on the Price and receive on the Determination Date the difference between the Price and €1,000, then such swap transaction shall be on market."
une idée pour ce act/360 ?
merci d'avance
"The Price shall be determined such that if the Swap Counterparty enters into a discount swap transaction with a swap dealer of recognised standing with an effective date corresponding to the Effective Date of the Swap Unit under which swap transaction the Swap Counterparty would pay 6m Euribor (semi-annual, *** act/360 with a short first coupon *** using interpolated Euribor) on the Price and receive on the Determination Date the difference between the Price and €1,000, then such swap transaction shall be on market."
une idée pour ce act/360 ?
merci d'avance
Proposed translations
(français)
4 | jours réels 360/ premier versement d'intérêt inférieur à la normale | Jacqueline Johnston |
4 | nombre de jours exacts/360 jours | Patricia Lane |
Proposed translations
33 minutes
Selected
jours réels 360/ premier versement d'intérêt inférieur à la normale
on suppose que l'année réelle est de 360 jours
Short First Coupon
From Reuters Financial Glossary
The first interest payment on a recently issued bond which is less than the normal semi-annual or annual payment.
le premier versement d'intérêts sur une obligation récemment émise est inférieur au paiement trimestriel ou annuel ordinaire
Short First Coupon
From Reuters Financial Glossary
The first interest payment on a recently issued bond which is less than the normal semi-annual or annual payment.
le premier versement d'intérêts sur une obligation récemment émise est inférieur au paiement trimestriel ou annuel ordinaire
4 KudoZ points awarded for this answer.
Comment: "merci"
6 minutes
nombre de jours exacts/360 jours
see link
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