Credit-linked note (CLN)

Bulgarian translation: ценни книжа, обвързани с кредит

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Credit-linked note (CLN)
Bulgarian translation:ценни книжа, обвързани с кредит
Entered by: NinaPetrova

17:18 Aug 19, 2012
English to Bulgarian translations [PRO]
Bus/Financial - Investment / Securities / Credit Facility Agreement
English term or phrase: Credit-linked note (CLN)
"SPV Notes" means, if the SPV becomes a Lender, any loan participation notes or other limited recourse funding
instruments or similar debt instruments issued or entered into by the SPV as issuer or obligor in relation to financing its investment in a Loan ...

Извън контекста, ето как е определен терминът в Уикипедия:
A credit linked note (CLN) is a form of funded credit derivative. It is structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors. The issuer is not obligated to repay the debt if a specified event occurs. This eliminates a third-party insurance provider.
It is issued by a special purpose company or trust, designed to offer investors par value at maturity unless the referenced entity defaults. In the case of default, the investors receive a recovery rate.
NinaPetrova
Local time: 06:42
ценни книжа, обвързани с кредит
Explanation:
Credit-linked notes (CLN) - деривативни ценни книжа, издавани от кредитни институции, обезпечени с вземания по даден кредитен портфейл. С издаването на CLN кредиторът прехвърля част от риска към инвеститорите. Доходността по CLN се определя от лихвите по съответния кредитен портфейл.
http://www.investor.bg/analizi/113/a/koi-sa-prekite-i-kosven...
Selected response from:

4leavedClover
Bulgaria
Local time: 06:42
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +4ценни книжа, обвързани с кредит
4leavedClover


  

Answers


15 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
credit-linked note (cln)
ценни книжа, обвързани с кредит


Explanation:
Credit-linked notes (CLN) - деривативни ценни книжа, издавани от кредитни институции, обезпечени с вземания по даден кредитен портфейл. С издаването на CLN кредиторът прехвърля част от риска към инвеститорите. Доходността по CLN се определя от лихвите по съответния кредитен портфейл.
http://www.investor.bg/analizi/113/a/koi-sa-prekite-i-kosven...

4leavedClover
Bulgaria
Local time: 06:42
Native speaker of: Bulgarian
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Slaveya Dimitrova: облигации, свързани с кредит, нещо подобно:-))
4 hrs
  -> Благодаря!

agree  Ana Dimitrova
12 hrs
  -> Благодаря!

agree  Peter Skipp
13 hrs
  -> Благодаря!

agree  etale
19 hrs
  -> Благодаря!
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