Financial Markets

direct investment (in a b.o.p. context)
Direct investment is an international ownership relationship in which an investor participates sufficiently in a foreign business to help shape its decisions or operations. In balance-of-payments …
direct link
A direct link is a bilateral settlement arrangement connecting two CSD infrastructures. Under it, one depository maintains a position in the other’s system, allowing members of …
discount security (zero coupon instrument)
A discount security provides no scheduled income during its life. Rather than receiving periodic payments, the holder generally earns a return when the security is repaid …