terminsfradrag

English translation: discount / disagio / markdown

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:terminsfradrag
English translation:discount / disagio / markdown
Entered by: dmesnier

16:24 Oct 18, 2018
Danish to English translations [PRO]
Bus/Financial - Finance (general) / Loan price/interest rate
Danish term or phrase: terminsfradrag
Hi, I'm trying to verify whether disagio or simply discount is preferable here. It concerns bond trading results impacting loan rate adjustments.

Kursen reguleres for et terminsfradrag beregnet på baggrund af en af [credit institution] fastsat rente den DD MM YY, dog minimum renten på Nationalbankens indskudsbeviser samme dag.

Thanks for your help!
dmesnier
United States
Local time: 09:28
discount / disagio / markdown
Explanation:
terminsfradrag > discount

sources:

IATE - IATE : Entry details
iate.europa.eu/FindTermsByOtherLanguage.do?lilId...s... -
The terminology database of the European Union. ... Term, terminsfradrag. Reliability, 3 (Reliable) ... Term, Disagio ... Term, discount ... Term, markdown.

EUR-Lex - 32014O0060 - EN - EUR-Lex - Europa EU
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32...

2 abr. 2015 -

Document 32014O0060

Guideline (EU) 2015/510 of the European Central Bank of 19 December 2014 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60)

Article 41

Allotment in liquidity-absorbing variable rate foreign exchange swap tender procedures

1. In a liquidity-absorbing variable rate foreign exchange swap tender procedure, the bids of counterparties shall be allotted in the following manner:

(a) Bids shall be listed in descending order of offered swap point quotations by taking into account the sign of the quotation.

(b) The sign of the quotation depends on the sign of the interest rate differential between the foreign currency and the euro. For the maturity of the swap:

(i) if the foreign currency interest rate is higher than the corresponding interest rate for the euro, the swap point quotation is positive, i.e. the euro is quoted at a premium to the foreign currency; and

(ii) if the foreign currency interest rate is lower than the corresponding interest rate for the euro, the swap point quotation is negative, i.e. the euro is quoted at a discount to the foreign currency.

in Danish:

EUR-Lex - 32014O0060 - EN - EUR-Lex - Europa EU
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32...

2 abr. 2015 -

Document 32014O0060

Den Europæiske Centralbanks retningslinje (EU) 2015/510 af 19. december 2014 om gennemførelse af Eurosystemets pengepolitiske ramme (ECB/2014/60)

Artikel 41

Tildeling ved likviditetsopsugende valutaswapauktioner til variabel rente

1. Ved en likviditetsopsugende valutaswapauktion til variabel rente fordeles modparternes bud på følgende måde:

a) Buddene opstilles i faldende orden efter antal budte swappoint, idet der tages hensyn til deres fortegn.

b) Fortegnet afhænger af fortegnet på rentespændet mellem den udenlandske valuta og euroen. Vedrørende swappens løbetid:

i) Hvis renten på den udenlandske valuta er højere end den tilsvarende rente på euroen, er swappointbuddet positivt, dvs. euroen noteres med et terminstillæg i forhold til den udenlandske valuta, og

ii) Hvis renten på den udenlandske valuta er lavere end den tilsvarende rente på euroen, er swappointbuddet negativt, dvs. euroen noteres med et terminsfradrag i forhold til den udenlandske valuta.

A A <f> A er en credit rating hos kreditvurderingsbureauerne Moody´s ...
www.asb.dk/fileadmin/www.asb.dk/forskning/.../Centlex.../bo...
Disagio er den negative forskel mellem købs- og salgskurs, typisk på valuta. ...... Et terminsfradrag er et fradrag, som indgår i beregningen af terminskurser.










Selected response from:

andres-larsen
Venezuela
Local time: 10:28
Grading comment
Thank you for your fine assistance!

4 KudoZ points were awarded for this answer



Summary of answers provided
1discount / disagio / markdown
andres-larsen


  

Answers


49 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5
discount / disagio / markdown


Explanation:
terminsfradrag > discount

sources:

IATE - IATE : Entry details
iate.europa.eu/FindTermsByOtherLanguage.do?lilId...s... -
The terminology database of the European Union. ... Term, terminsfradrag. Reliability, 3 (Reliable) ... Term, Disagio ... Term, discount ... Term, markdown.

EUR-Lex - 32014O0060 - EN - EUR-Lex - Europa EU
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32...

2 abr. 2015 -

Document 32014O0060

Guideline (EU) 2015/510 of the European Central Bank of 19 December 2014 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60)

Article 41

Allotment in liquidity-absorbing variable rate foreign exchange swap tender procedures

1. In a liquidity-absorbing variable rate foreign exchange swap tender procedure, the bids of counterparties shall be allotted in the following manner:

(a) Bids shall be listed in descending order of offered swap point quotations by taking into account the sign of the quotation.

(b) The sign of the quotation depends on the sign of the interest rate differential between the foreign currency and the euro. For the maturity of the swap:

(i) if the foreign currency interest rate is higher than the corresponding interest rate for the euro, the swap point quotation is positive, i.e. the euro is quoted at a premium to the foreign currency; and

(ii) if the foreign currency interest rate is lower than the corresponding interest rate for the euro, the swap point quotation is negative, i.e. the euro is quoted at a discount to the foreign currency.

in Danish:

EUR-Lex - 32014O0060 - EN - EUR-Lex - Europa EU
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32...

2 abr. 2015 -

Document 32014O0060

Den Europæiske Centralbanks retningslinje (EU) 2015/510 af 19. december 2014 om gennemførelse af Eurosystemets pengepolitiske ramme (ECB/2014/60)

Artikel 41

Tildeling ved likviditetsopsugende valutaswapauktioner til variabel rente

1. Ved en likviditetsopsugende valutaswapauktion til variabel rente fordeles modparternes bud på følgende måde:

a) Buddene opstilles i faldende orden efter antal budte swappoint, idet der tages hensyn til deres fortegn.

b) Fortegnet afhænger af fortegnet på rentespændet mellem den udenlandske valuta og euroen. Vedrørende swappens løbetid:

i) Hvis renten på den udenlandske valuta er højere end den tilsvarende rente på euroen, er swappointbuddet positivt, dvs. euroen noteres med et terminstillæg i forhold til den udenlandske valuta, og

ii) Hvis renten på den udenlandske valuta er lavere end den tilsvarende rente på euroen, er swappointbuddet negativt, dvs. euroen noteres med et terminsfradrag i forhold til den udenlandske valuta.

A A <f> A er en credit rating hos kreditvurderingsbureauerne Moody´s ...
www.asb.dk/fileadmin/www.asb.dk/forskning/.../Centlex.../bo...
Disagio er den negative forskel mellem købs- og salgskurs, typisk på valuta. ...... Et terminsfradrag er et fradrag, som indgår i beregningen af terminskurser.












andres-larsen
Venezuela
Local time: 10:28
Native speaker of: Native in EnglishEnglish
PRO pts in category: 73
Grading comment
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