May 9, 2012 17:58
12 yrs ago
Danish term
paristraksindfrielse
Danish to English
Bus/Financial
Finance (general)
Mortgage credit loans
Denne indfrielsesmetode kaldes også paristraksindfrielse.
This method of redemption is also called ???.
Can't find a translation anywhere - can anyone help?
Thanks!
This method of redemption is also called ???.
Can't find a translation anywhere - can anyone help?
Thanks!
Proposed translations
(English)
| 4 +1 | immediate par redemption |
Diarmuid Kennan
|
Proposed translations
+1
26 mins
Diarmuid Kennan
Ireland
Ireland
Native in English
Specializes in field
Ireland
Reliable and accurate
Native in: English 
Works in: Danish to English, Norwegian to English, Swedish to English
Related KudoZ points
:
178
immediate par redemption
I will give you a reference in a minute.
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Note added at 27 mins (2012-05-09 18:25:59 GMT)
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"67Actually, the rules are a little bit more complicated, so in fact the prepayment option embedded in a mortgage loan is only Bermudan-style, since the mortgagor can actually make a so-called immediate par redemption (Danish: ”pari-straks”), but since this business is carried out with the mortgage bank as the counterpart and not the investor, we can say that the prepayment options embedded in traditional Danish mortgage bonds are Bermuda-options."
http://bennike.org/downloads/MThesis.pdf
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Note added at 43 mins (2012-05-09 18:41:17 GMT)
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• Pariindfrielsemed varsel: Her indfries lånet først på det tidspunkt, hvor det er opsagt. Det kaldes også for terminsindfrielse.
• Paristraksindfrielse: Lånet indfries på et tidspunkt, der ligger forud for det, der er varslet.
--------------------------------------------------
Note added at 27 mins (2012-05-09 18:25:59 GMT)
--------------------------------------------------
"67Actually, the rules are a little bit more complicated, so in fact the prepayment option embedded in a mortgage loan is only Bermudan-style, since the mortgagor can actually make a so-called immediate par redemption (Danish: ”pari-straks”), but since this business is carried out with the mortgage bank as the counterpart and not the investor, we can say that the prepayment options embedded in traditional Danish mortgage bonds are Bermuda-options."
http://bennike.org/downloads/MThesis.pdf
--------------------------------------------------
Note added at 43 mins (2012-05-09 18:41:17 GMT)
--------------------------------------------------
• Pariindfrielsemed varsel: Her indfries lånet først på det tidspunkt, hvor det er opsagt. Det kaldes også for terminsindfrielse.
• Paristraksindfrielse: Lånet indfries på et tidspunkt, der ligger forud for det, der er varslet.
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