European Central Bank (ECB) started Quantitative Easing (QE) program last year for European Banks which has resulted into
- Weakening of Euro Currency
- Negative Inter Bank Rates (EURIBOR)
Continue reading Impact of Negative Euribor on Buyers Credit
Tag Archives: Trade Finance
Buyers Credit with 6 Month Libor Reset
Note: Post this article there are changes in maturities for which libor is issued. This article might now be relevant for long tenure transactions (12 Months and Above). Refer link for more details on change in Libor: Change in LIBOR Tenures and Impact on Trade Finance
Banks and Importers consider various factors before going for Buyers Credit transaction for more than 6 months tenure. One such factor is buyers credit with 6 Month Libor Reset option. The below article elaborates on these factors.
Buyer's Credit & Supplier's Credit 