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May 18, 2023 09:56
1 yr ago
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English term
Term €STR Credit Adjustment Spread
English to Serbian
Bus/Financial
Finance (general)
loan agreement
(ii) Term €STR. If a Reference Rate Non-Utilisation Event has occurred and is continuing in relation to EURIBOR on the applicable Reference Rate Determination Date, the variable interest rate for the relevant Interest Period shall be determined as the aggregate of
(aa) the Term €STR valid for the relevant Interest Period; and
(bb) the relevant Term €STR Credit Adjustment Spread; and
(cc) the Margin
Unapred puno hvala
(aa) the Term €STR valid for the relevant Interest Period; and
(bb) the relevant Term €STR Credit Adjustment Spread; and
(cc) the Margin
Unapred puno hvala
Proposed translations
(Serbian)
4 | raspon osnovnih kamatnih stopa prema visini €STR kamatne stope za prilagođavanje za kreditni rizik | Milan Nesic |
Proposed translations
1 day 5 hrs
raspon osnovnih kamatnih stopa prema visini €STR kamatne stope za prilagođavanje za kreditni rizik
raspon osnovnih kamatnih stopa prema visini €STR kamatne stope za prilagođavanje za kreditni rizik
Term €STR Credit Adjustment Spread
Prvo, tzv. €STR ili "Ester" je zamenska referentna kamatna stopa:
"Evro kratkoročna kamatna stopa €STR"
https://www.unicreditbank.rs/rs/article/korisni_saveti/obave...
"Referentna kamatna stopa je kamatna stopa prema čijim promenama se upravljaju druge kamatne stope. Tako npr. referentna kamatna stopa Narodne banka Srbije predstavlja polaznu kamatnu stopu, pošto se visina osnovnih kamatnih stopa na novčanom tržištu, odnosno raspon kamatnih stopa, utvrđuje prema visini te kamatne stope."
https://tvojnovac.nbs.rs/latinica/finansijski-proizvodi/kred...
Term spread = interest rate spread
"Term spreads, also known as interest rate spreads, represent the difference between the long-term interest rates and short-term interest rates on debt instruments such as bonds. In order to understand the significance of term spreads, we must first understand bonds."
https://www.thoughtco.com/term-or-interest-rate-spreads-1147...
Credit Adjustment Spread
"The Credit Adjustment Spread is the term used for the adjustment between LIBOR and Risk Free Rate to reduce or eliminate the economic value transfer between the lender and the borrower when the index changes from LIBOR to the replacement Risk Free Rate."
https://www.investec.com/content/dam/united-kingdom/download...
"(b) | the institution recognises a specific credit adjustment resulting from a significant perceived decline in credit quality subsequent to the institution taking on the exposure;"
"(b) | institucija priznaje specifične ispravke vrijednosti za kreditni rizik zbog uočenoga značajnog pogoršanja kreditne kvalitete dužnika koje je uslijedilo nakon nastanka te izloženosti;"
https://eur-lex.europa.eu/legal-content/EN-HR/TXT/?locale=hr...
"2) prilagođavanje za kreditni rizik je zbir specifičnih i opštih prilagođavanja za kreditni rizik, odnosno zbir svih iznosa za koje je osnovni akcijski kapital banke umanjen da bi se prikazali gubici koji su isključivo povezani sa kreditnim rizikom i koji su priznati u bilansu uspeha banke u skladu s međunarodnim standardima finansijskog izveštavanja, odnosno međunarodnim računovodstvenim standardima (u daljem tekstu: MSFI/MRS), bez obzira na to da li su oni rezultat obezvređenja, prilagođavanja vrednosti ili rezervisanja za gubitke po vanbilansnim stavkama;
https://www.paragraf.rs/propisi/odluka-adekvatnosti-kapitala...
Term €STR Credit Adjustment Spread
Prvo, tzv. €STR ili "Ester" je zamenska referentna kamatna stopa:
"Evro kratkoročna kamatna stopa €STR"
https://www.unicreditbank.rs/rs/article/korisni_saveti/obave...
"Referentna kamatna stopa je kamatna stopa prema čijim promenama se upravljaju druge kamatne stope. Tako npr. referentna kamatna stopa Narodne banka Srbije predstavlja polaznu kamatnu stopu, pošto se visina osnovnih kamatnih stopa na novčanom tržištu, odnosno raspon kamatnih stopa, utvrđuje prema visini te kamatne stope."
https://tvojnovac.nbs.rs/latinica/finansijski-proizvodi/kred...
Term spread = interest rate spread
"Term spreads, also known as interest rate spreads, represent the difference between the long-term interest rates and short-term interest rates on debt instruments such as bonds. In order to understand the significance of term spreads, we must first understand bonds."
https://www.thoughtco.com/term-or-interest-rate-spreads-1147...
Credit Adjustment Spread
"The Credit Adjustment Spread is the term used for the adjustment between LIBOR and Risk Free Rate to reduce or eliminate the economic value transfer between the lender and the borrower when the index changes from LIBOR to the replacement Risk Free Rate."
https://www.investec.com/content/dam/united-kingdom/download...
"(b) | the institution recognises a specific credit adjustment resulting from a significant perceived decline in credit quality subsequent to the institution taking on the exposure;"
"(b) | institucija priznaje specifične ispravke vrijednosti za kreditni rizik zbog uočenoga značajnog pogoršanja kreditne kvalitete dužnika koje je uslijedilo nakon nastanka te izloženosti;"
https://eur-lex.europa.eu/legal-content/EN-HR/TXT/?locale=hr...
"2) prilagođavanje za kreditni rizik je zbir specifičnih i opštih prilagođavanja za kreditni rizik, odnosno zbir svih iznosa za koje je osnovni akcijski kapital banke umanjen da bi se prikazali gubici koji su isključivo povezani sa kreditnim rizikom i koji su priznati u bilansu uspeha banke u skladu s međunarodnim standardima finansijskog izveštavanja, odnosno međunarodnim računovodstvenim standardima (u daljem tekstu: MSFI/MRS), bez obzira na to da li su oni rezultat obezvređenja, prilagođavanja vrednosti ili rezervisanja za gubitke po vanbilansnim stavkama;
https://www.paragraf.rs/propisi/odluka-adekvatnosti-kapitala...
Reference:
https://tvojnovac.nbs.rs/latinica/finansijski-proizvodi/krediti/referentna-ks/index.html
https://www.paragraf.rs/propisi/odluka-adekvatnosti-kapitala-banke.html
Discussion
Term €STR: for the relevant Interest Period, the publicly available percentage rate per annum (before any correction, recalculation or republication by its administrator and rounded if necessary to five decimal places with 0.000005 being rounded upwards) which is:
(a) a forward-looking term rate based on €STR;
(b) produced by an administrator;