listed credit instruments / loan participations

French translation: instruments de crédit cotés /Rachats de Prêts

15:56 Mar 5, 2021
English to French translations [PRO]
Bus/Financial - Finance (general) / from anywhere
English term or phrase: listed credit instruments / loan participations
The Fund will invest primarily in listed credit instruments, including (but not limited to) fixed or floating interest rate corporate and/or government bonds, debt securities and obligations, transferable loans and loan participations and collateralised obligations (including loan, debt and mortgage obligations).

Je ne suis pas sûre de bien comprendre "listed credit instruments" et "loan participations", pourriez-vous m'éclairer ?
Merci.
ClaudineM
Local time: 10:20
French translation:instruments de crédit cotés /Rachats de Prêts
Explanation:
Le principe du rachat de crédits est relativement simple : les ménages endettés s’adressent à un établissement autre que celui qui leur a initialement accordé les fonds. Ce dernier solde l’ensemble des crédits auprès des différents créanciers (que cela soit des crédits immobiliers et/ou crédits à la consommation) et les remplace par un nouveau contrat à un taux plus attractif mais d'une durée plus longue.

é

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Note added at 1 hr (2021-03-05 17:36:16 GMT)
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cotés = qui font l'objet d'une cotation sur le marché du crédit

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Note added at 1 day 37 mins (2021-03-06 16:33:59 GMT)
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A loan participation note (LPN) allows investors to purchase a claim to a portion of an outstanding loan issued by another lender. With an LPN, the lead bank underwrites and issues the loan, while participant investors subsequently purchase a pro-rata amount.

This definition means that loan participation is not the fact of participating in the issuance of a loan. Instead, it is about buying partial claims of a loan already issued.

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Note added at 1 day 38 mins (2021-03-06 16:35:03 GMT)
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Investopedia is the source of the loan participation

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Note added at 1 day 1 hr (2021-03-06 16:58:11 GMT)
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Credit instruments are listed indeed.

bonds are quoted in bond market regardless of whether their interest rates are fixed or floating.

A debt security is a debt instrument that can be bought or sold between two parties in the credit market and has basic terms defined, such as the notional amount (the amount borrowed), interest rate, and maturity and renewal date.

Examples of debt securities include a government bond, corporate bond, certificate of deposit (CD), municipal bond, or preferred stock. Debt securities can also come in the form of collateralized securities, such as collateralized debt obligations (CDOs), collateralized mortgage obligations (CMOs), mortgage-backed securities issued by the Government National Mortgage Association (GNMA), and zero-coupon securities.

Mortgage loans are transferable within the secondary loan market

Collateralised obligations are a subset of debt securities, which are exchanged in the credit market.
Selected response from:

Francois Boye
United States
Local time: 04:20
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
4 -1instruments de crédit cotés /Rachats de Prêts
Francois Boye


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
instruments de crédit cotés /Rachats de Prêts


Explanation:
Le principe du rachat de crédits est relativement simple : les ménages endettés s’adressent à un établissement autre que celui qui leur a initialement accordé les fonds. Ce dernier solde l’ensemble des crédits auprès des différents créanciers (que cela soit des crédits immobiliers et/ou crédits à la consommation) et les remplace par un nouveau contrat à un taux plus attractif mais d'une durée plus longue.

é

--------------------------------------------------
Note added at 1 hr (2021-03-05 17:36:16 GMT)
--------------------------------------------------

cotés = qui font l'objet d'une cotation sur le marché du crédit

--------------------------------------------------
Note added at 1 day 37 mins (2021-03-06 16:33:59 GMT)
--------------------------------------------------

A loan participation note (LPN) allows investors to purchase a claim to a portion of an outstanding loan issued by another lender. With an LPN, the lead bank underwrites and issues the loan, while participant investors subsequently purchase a pro-rata amount.

This definition means that loan participation is not the fact of participating in the issuance of a loan. Instead, it is about buying partial claims of a loan already issued.

--------------------------------------------------
Note added at 1 day 38 mins (2021-03-06 16:35:03 GMT)
--------------------------------------------------

Investopedia is the source of the loan participation

--------------------------------------------------
Note added at 1 day 1 hr (2021-03-06 16:58:11 GMT)
--------------------------------------------------

Credit instruments are listed indeed.

bonds are quoted in bond market regardless of whether their interest rates are fixed or floating.

A debt security is a debt instrument that can be bought or sold between two parties in the credit market and has basic terms defined, such as the notional amount (the amount borrowed), interest rate, and maturity and renewal date.

Examples of debt securities include a government bond, corporate bond, certificate of deposit (CD), municipal bond, or preferred stock. Debt securities can also come in the form of collateralized securities, such as collateralized debt obligations (CDOs), collateralized mortgage obligations (CMOs), mortgage-backed securities issued by the Government National Mortgage Association (GNMA), and zero-coupon securities.

Mortgage loans are transferable within the secondary loan market

Collateralised obligations are a subset of debt securities, which are exchanged in the credit market.

Francois Boye
United States
Local time: 04:20
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 956

Peer comments on this answer (and responses from the answerer)
disagree  Germaine: instruments de crédit cotés est OK mais "loan participations" = participations dans des prêts. Il ne s'agit en aucun cas d'un "rachat" de quoi que ce soit. // Il semble que je n'ai pas été assez claire. Dommage.
5 hrs
  -> See above my response
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