How can the Bank be expected to issue instruments, which are non-callable?
As in the explanation above, the coupons must remain non-callable during the term for the future value (ft,) to equal an amount that attracts Provider’s Coupon Buyers. Your candidate lender controls the income generating, portfolio hedge account, so the Borrower have nothing to do with this operation.
Related Questions
- Why must the coupons be non-redeemable, irretractable, non-callable, inextinguishable, and all of those other official bank terms?
- Why does the Bank need a new instrument? Isn’t the Bank already supporting results-based lending through existing instruments?
- Where can I find the issue number on my maestro bank card?
