Conduit Financing

Conduit Financing
A financing arrangement involving a government or other qualified agency using its name in an issuance of fixed income securities for a non-profit organization's large capital project.

The government or other qualified agency is not responsible for paying the required cash flows to investors - all cash flows come directly from the project.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

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