NOTE ISSUANCE FACILITY (N.I.F.)


Meaning of NOTE ISSUANCE FACILITY (N.I.F.) in English

An agreement by which a syndicate of banks indicates a willingness to accept short-term notes from borrowers and resell these notes in the Eurocurrency markets.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.