securities issued by corporations on the Eurocurrency market for a period of 3-6 months at a variable rate based on LIBOR (with a banking service premium). E. are used to provide a medium-term loan, since banks enter into agreements with borrowing companies with an obligation to buy E. from them within 5-10 years, which guarantees the borrower a medium-term loan.
Weather
17°
Time
20:49
Friday
31 may
City
Moscow
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