UF Unidad de Fomento (Chile)
English translation: The UF (Unidad de Fomento) is an index, not a currency
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| 19:10 Jan 9, 2003 |
| Spanish to English translations [PRO] Bus/Financial | |||||||
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|  Selected response from: Robert INGLEDEW Argentina Local time: 14:17 | ||||||
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| 5 +3 | UF |
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| 5 | The UF (Unidad de Fomento) is an index, not a currency |
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| 5 | Unidad de fomento |
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Answers
13 mins confidence: 
The UF (Unidad de Fomento) is an index, not a currency Explanation: Something like a consumer price index or a wholesale price index, used by the banks to adjust the monthly payments of housing loans. I will check internet to see if I can find some references in English, but most probably in Spanish. Hope this helps. -------------------------------------------------- Note added at 2003-01-09 19:26:15 (GMT) -------------------------------------------------- There are 98 references in English on the UF. Here are the first ten: Your search: \"Unidad de Fomento\"+loans Search in: The Web | Directory | News -------------------------------------------------------------------------------- Web Matches 1 - 20 of 98 | Next 20 CHILE\'S MORTGAGE MARKET (PDF) - ... Mortgage Bonds (Letras de Crédito, LCHR) Bank loans with terms ranging from 5 to 22 years Domestic currency indexed to Unidad de Fomento (Inflation indexed ... http://www1.worldbank.org/finance/assets/images/Rosselot_sli... Evaluation of CORFO\'s CUBOS-SME Program: 19911995 (PDF) - ... the reluctance of the authorities to guarantee external loans from multilat ... The DU or ``development unit\'\' ( unidad de fomento ) is a re- adjustable monetary ... http://www.the-financier.com/finance/pv4n1p7.pdf http://www.worldbank.org/wbi/banking/finsecpolicy/financefor... (MICROSOFT POWERPOINT) - ... Indexation on CPI: denomination mainly in UF (Unidad de Fomento). ... Old instrument revived in the mid-70ies, after the savings-and-loans crash and the ... http://www.worldbank.org/wbi/banking/finsecpolicy/financefor... search within this site World Bank Becomes First Foreign Issuer to Launch Bond in Chilean ... - ... These debt instruments are linked to the Unidad de Fomento (UF), the CPI index ... transactions, including time deposits, mortgages and corporate loans and bonds. ... http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:... 34424~theSitePK:4607,00.html search within this site Amcham - ... A UF (\"Unidad de Fomento\") is a fixed quantity of pesos, which changes - almost always upward ... You pay off mortgages and other loans in the same way, the UF ... http://www.amchamchile.cl/faq/uf.htm Economic Data - ... CPI-Indexed Unit of Account Unidad de Fomento (UF) Central Bank of Chile, Chilean ... Average Interest Rates of the Financial System, Deposits and Loans In percent ... http://www.bcentral.cl/Indicadores/eindicadores.htm search within this site BIS Policy Papers - Monetary policy transmission: the Chilean ... (PDF) - ... as possible, an unremunerated reserve requirement on foreign loans and deposits ... The main instrument of indexation has been the Unidad de Fomento (UF) , whose ... http://www.bis.org/publ/plcy03c.pdf search within this site Securitization of Tourism Securitization of Tourism Related As ... (PDF) - ... Overview ! A-Loans (for IDB\'s own account) & B-Loans (for market participants) ! ... pricing). Same limitations as the A/B loans. ! ... http://www.caribank.org/downloads/Panel5_KenroyDowers.pdf The Concession (MICROSOFT POWERPOINT) - ... portfolios of mortgage, education, commercial and other types of loans may be ... insurance companies, paying a coupon of 6.02 percent (Unidad de Fomento), with a ... http://www.iadb.org/exr/bs/0930/CAPMKT.ppt search within this site Banco del Estado (PDF) - ... year-end rate, as follows: 2000 1999 Ch.$ Ch.$ Unidad de Fomento (UF) 15,769.92 ... agreements Transactions with resale agreements are recorded as loans at fixed ... http://www.bancoestado.cl/financial/m_ingle/estados_ingles/S... search within this site |
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14 mins confidence: peer agreement (net): +3
peer agreement (net): +3UF Explanation: If you take a ñook at some of the translated Chilean sites below, you'll find that the "UF" is put "tal cual" before the number. These are official sites, the first form the Chilean-American Chamber of COmmerce, the second from the World Bank. http://www.amchamchile.cl/faq/uf.htm http://www1.worldbank.org/finance/assets/images/Rosselot_sli... Hope this helps -------------------------------------------------- Note added at 2003-01-09 19:30:54 (GMT) Post-grading -------------------------------------------------- also UK gov site www.tradepartners.gov.uk/infrastructure/ chile/doingbusiness/ Robert, try to sort that information, Jenette can look up the same thing. Jenette, I\'m Chilean, so I guarantee that the UF is used like that in translated languages. Think of currencies, this acts the same way (for example, USD is used in hispanic-speaking language to denominate the US dollar, even though the acronym is in English. |
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