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Bund

English translation: here: Austrian Govt. bonds

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Bund
English translation:here: Austrian Govt. bonds
Entered by: Marcus Malabad
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16:42 Nov 10, 2003
German to English translations [PRO]
Bus/Financial / contractual law
German term or phrase: Bund
Für den Fall des Zahlungsverzuges sind wir ab Fälligkeit berechtigt, Verzugszinsen in Höhe von 4 % über der Sekundärmarktrendite/Bund lt statistischem Monatsheft der Österreichischen Nationalbank zu verrechnen.

It's obviously some rate of some sort but have never heard of a "Bund".
Marcus Malabad
Canada
Local time: 01:45
here: Austrian Govt. bonds
Explanation:
In this context, "Bund" is short for "Bundesrepublik"; the reference is related to the average yield for Austrian Government bonds on the secondary market (as opposed to the yield at issue).
Selected response from:

Ralf Lemster
Germany
Local time: 01:45
Grading comment
Learned something today, Thanks Ralf
4 KudoZ points were awarded for this answer

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Summary of answers provided
4here: Austrian Govt. bonds
Ralf Lemster


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
here: Austrian Govt. bonds


Explanation:
In this context, "Bund" is short for "Bundesrepublik"; the reference is related to the average yield for Austrian Government bonds on the secondary market (as opposed to the yield at issue).


    Reference: http://www2.oenb.at/stat-monatsheft/tabellen/32p.htm
Ralf Lemster
Germany
Local time: 01:45
Native speaker of: German
PRO pts in pair: 2684
Grading comment
Learned something today, Thanks Ralf
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