Brady Bonds, the Glossary
Brady bonds are dollar-denominated bonds, issued mostly by Latin American countries in the late 1980s.[1]
Table of Contents
48 relations: Argentina, Balance sheet, Bank, Bond (finance), Brazil, Bulgaria, Call option, Collateral (finance), Colombia, Commercial bank, Concentration risk, Contract, Costa Rica, Credit rating, Debt, Debt relief, Default (finance), Developing country, Dominican Republic, Ecuador, Emerging market, Face value, Federal Reserve Bank of New York, Foreign exchange reserves, Government debt, Haircut (finance), Holdout problem, Interest, International Monetary Fund, Latin America, Latin American debt crisis, Loan, Market liquidity, Mexico, Morocco, Nicholas F. Brady, Nigeria, Philippines, Poland, Russia, Sovereign default, United States Department of the Treasury, United States dollar, United States Treasury security, Uruguay, Venezuela, Waste valorization, World Bank.
- 1989 in international relations
- Bonds in foreign currencies
- Government bonds
Argentina
Argentina, officially the Argentine Republic, is a country in the southern half of South America.
Balance sheet
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans.
Bond (finance)
In finance, a bond is a type of security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time).
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Brazil
Brazil, officially the Federative Republic of Brazil, is the largest and easternmost country in South America and Latin America.
Bulgaria
Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. Located west of the Black Sea and south of the Danube river, Bulgaria is bordered by Greece and Turkey to the south, Serbia and North Macedonia to the west, and Romania to the north. It covers a territory of and is the 16th largest country in Europe.
Call option
In finance, a call option, often simply labeled a "call", is a contract between the buyer and the seller of the call option to exchange a security at a set price.
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Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan.
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Colombia
Colombia, officially the Republic of Colombia, is a country primarily located in South America with insular regions in North America.
Commercial bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit.
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Concentration risk
Concentration risk is a banking term describing the level of risk in a bank's portfolio arising from concentration to a single counterparty, sector or country.
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Contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties.
Costa Rica
Costa Rica (literally "Rich Coast"), officially the Republic of Costa Rica, is a country in the Central American region of North America.
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Credit rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
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Debt
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor.
Debt relief
Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations.
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Default (finance)
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity.
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Developing country
A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries.
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Dominican Republic
The Dominican Republic is a North American country on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean Sea, bordered by the Atlantic Ocean to the north.
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Ecuador
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west.
Emerging market
An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards.
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Face value
The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself by the issuing authority.
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Federal Reserve Bank of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.
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Foreign exchange reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets.
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Government debt
A country's gross government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector.
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Haircut (finance)
In finance, a haircut is the difference between the current market value of an asset and the value ascribed to that asset for purposes of calculating regulatory capital or loan collateral.
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Holdout problem
In finance, a holdout problem occurs when a bond issuer is in default or nears default, and launches an exchange offer in an attempt to restructure debt held by existing bond holders.
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Interest
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate.
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
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Latin America
Latin America often refers to the regions in the Americas in which Romance languages are the main languages and the culture and Empires of its peoples have had significant historical, ethnic, linguistic, and cultural impact.
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Latin American debt crisis
The Latin American debt crisis (Crisis de la deuda latinoamericana; Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as La Década Perdida (The Lost Decade), when Latin American countries reached a point where their foreign debt exceeded their earning power, and they could not repay it.
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Loan
In finance, a loan is the transfer of money by one party to another with an agreement to pay it back.
Market liquidity
In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price.
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Mexico
Mexico, officially the United Mexican States, is a country in the southern portion of North America.
Morocco
Morocco, officially the Kingdom of Morocco, is a country in the Maghreb region of North Africa.
Nicholas F. Brady
Nicholas Frederick Brady (born April 11, 1930) is an American politician from the state of New Jersey, who served as the United States Secretary of the Treasury under Presidents Ronald Reagan and George H. W. Bush from 1988 to 1993, and is also known for articulating the Brady Plan in March 1989.
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Nigeria
Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa.
Philippines
The Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia.
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Poland
Poland, officially the Republic of Poland, is a country in Central Europe.
Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia.
Sovereign default
A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due.
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United States Department of the Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department.
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United States dollar
The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.
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United States Treasury security
United States Treasury securities, also called Treasuries or Treasurys, are government debt instruments issued by the United States Department of the Treasury to finance government spending, in addition to taxation.
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Uruguay
Uruguay, officially the Oriental Republic of Uruguay (República Oriental del Uruguay), is a country in South America.
Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea.
Waste valorization
Waste valorization, beneficial reuse, beneficial use, value recovery or waste reclamation is the process of waste products or residues from an economic process being valorized (given economic value), by reuse or recycling in order to create economically useful materials.
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
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See also
1989 in international relations
- 15th G7 summit
- 1989 Chilean grape scare
- 1989 Commonwealth Heads of Government Meeting
- 1989 European Parliament election
- 1989 Sino-Soviet Summit
- 1989 United Nations Security Council election
- APEC Australia 1989
- Baltic Way
- Brady Bonds
- Cold War (1985–1991)
- Comprehensive Plan of Action
- December 1989 Brussels summit
- Facts for Life
- Fall of the Berlin Wall
- Langkawi Declaration
- Leahy War Victims Fund
- List of foreign ministers in 1989
- List of sovereign states in the 1980s
- Malta Summit
- May 1989 Brussels summit
- Mogadishu riots of July 1989
- Names of Myanmar
- Reactions to the 1989 Tiananmen Square protests and massacre
- Revolutions of 1989
- Seville Statement on Violence
- US/USSR Joint Statement on Uniform Acceptance of Rules of International Law Governing Innocent Passage
- United States v Cotroni
Bonds in foreign currencies
- Arirang bond
- Baklava bond
- Brady Bonds
- Chinese-issued U.S. dollar bonds
- Dim sum bond
- Eurobond (external bond)
- Foreign currency convertible bonds
- Formosa bond
- Green finance and the Belt and Road Initiative
- Kimchi bond
- Masala bonds
- Panda bonds
- Samurai bond
- Schengen bond
- Uridashi bonds
- Yankee Bond
Government bonds
- Brady Bonds
- Dáil loans
- Direct operations
- Eurobond (eurozone)
- Financial Oversight and Management Board for Puerto Rico
- GDP-linked bond
- Gilt-edged securities
- Government bond
- Green bond
- Inflation-indexed bond
- Inverted yield curve
- List of government bonds
- Municipal bond
- Risk-free bond
- South Carolina v. Baker
- Texas v. White
- TreasuryDirect
- War bond
References
[1] https://en.wikipedia.org/wiki/Brady_Bonds
Also known as Brady Bond, Brady Plan.