Essentially, loans were becoming more like bonds: they were
becoming debt instruments to be traded between various investors, rather than loans which a single bank would hold to maturity and beyond.
Not exact matches
Constant Maturity - The constant maturity takes place when there is a quoted return, or yield, on a financial
instrument, that is fixed and it involves comparing the
instrument in question with other financial
instruments that are also fixed, but that have different maturities, which is the given date the
debt become due for payment.
While individual
debt instruments mature, credit - worthy companies are able to refinance, and expand, their indebtedness as they
become more and more creditworthy.
The subprime mortgage fallout continued to affect the banking industry as it
became difficult to value
debt instruments backed by mortgages and caused a temporary credit freeze in some markets during the late summer.
Core Capital generally used to correspond to Equity (Ordinary plus Preferred Share Capital), but
became horribly corrupted in the past decade with all kinds of contingent / subordinated
debt instruments masquerading as Equity.
But for the past 30 years, we've taken for granted that we can also offer the benefit of all these European
instruments and that English judgments will be enforceable across the EU — and as soon as those are stripped back, one may need to consider the balance between the general reputation of English courts and English law and the fact that we may need to say to clients that it may potentially
become harder to enforce your
debt overseas in the EU.
Had that rule been overturned, many investors in corporations which had executed
debt instruments under seal might have
become personally liable for the corporations»
debts, and would have blamed their solicitors for failing to protect them from that risk.