Übersetzung für "Securities loan" in Deutsch

The securities loan has the same advantages like an overdraft facility:

Already at a depot volume of only Euros 3,000, you can apply for a securities loan.

RMG holds certain investments in Government securities or National Loan Fund deposits, classed as current assets and often referred to as the ‘gilts’.

However, the commercial bank is required to pledge collateral, one example being securities, against the loan and pay interest on it.

Sovello had difficulties in providing sufficient securities for the loan (as it was not yet owner of the land, machinery and installations had not yet been delivered, buildings were still being constructed and there was no stock).

It was, however, obliged to invest a proportion of the profits it generated each year in Government securities or National Loan Fund deposits.

A grandfather clause would exclude from the scope of the Directive interest pertaining to negotiable loan securities issued before a given date, including or likely to include grossup or early redemption clauses.

Under the "grandfathering clause", bonds and other negotiable loan securities and the interest payments accruing from them are excluded from the scope of the proposal if they were first issued before 1 March 2001 or if the issuing prospectuses were certified before that date.

In order to resolve this problem within the framework of this Directive, it is proposed that a grandfather clause apply to all negotiable loan securities, whether the interest is paid by the issuer's paying agent or by the beneficial owner's agent and whether that paying agent is situated in a Member State which uses exchange of information or one which operates a withholding tax.

In order to establish a clear statutory regime and increase liquidity in the market, it is proposed that the collateral provider should be able to allow the collateral taker to re-use collateral by way of sale etc., subject to the obligation to redeliver equivalent securities when the loan is reimbursed, as in a repo arrangement where the collateral taker becomes the owner of the collateral.

The issues concerned are issues of bonds (domestic and international bonds), issues of negotiable loan securities such as in particular negotiable debt securities, Euro commercial papers, Euro mediumterm notes.

In order to avoid market disruption, the ECOFIN Council agreed that, for the duration of the transitional period, a “grandfathering clause” should be provided in order to exclude income from negotiable loan securities for which the prospectuses have been certified before 1 March 2001 or, in the absence of any prospectus, which have been issued before that date, from the scope of the Directive (the application of the grandfathering clause to further issues of such securities made after 1 March 2001 has been clarified in supplementary ECOFIN conclusions adopted on 2 March 20019).

In July 2001, the Commission initiated the formalinvestigation procedure with respect to the exchange of securities and the loan allegedly granted under anapproved aid scheme.