Grading under review
Grading under review notices are issued by the Regulator for Social Housing on all Registered Providers than own 1,000 or more units. The following is an extract from a paper […]
SONIA
SONIA is the abbreviation for the Bank Of England’s Sterling Overnight Index Average and was first introduced in March 1997. SONIA is a widely used interest rate benchmark and the reference rate for […]
Revolving Credit Facility or RCF
Revolving Credit Facility or RCF – A revolving credit facility is a type of credit that does not have a fixed number of payments, in contrast to fixed term loans. […]
OAT and BTAN
BTANs and OATs are debt instruments issued by the French government. BTAN Bon à Taux Annuel Normalisé or BTANs (Treasury notes with annual coupons) are medium-term treasury securities with a […]
Lock up
A condition where an investment cannot be sold except under pre-defined circumstances. (See Free Flout and Liquidity)
Private equity
Private Equity refers to investments made wholly or mainly in companies that are not traded on a stock exchange. This means that private equity portfolios can be a lot less liquid […]