KudoZ home » Spanish to English » Economics

fondeo

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
11:27 Mar 26, 2007
This question was closed without grading. Reason: Errant question

Spanish to English translations [PRO]
Bus/Financial - Economics
Spanish term or phrase: fondeo
everywhere i find the term "fondeo" in kudoz, it is translated as "funding", but that doesn't make sense in the sentence i have here:

"El riesgo-país ha disminuido considerablemente, alcanzándose el grado de inversión en 2002, lo que ha generado una importante disminución en las tasas de fondeo de las empresas y una mayor certidumbre para la inversión extranjera. "

if the country's credit rating has gotten better, why would its companies' "funding" rate go down? does "fondeo" mean something else here (something negative obviously)? thanks!
xxxTrans-Iberia
Local time: 17:28
Advertisement


Summary of answers provided
4funding
MikeGarcia
4interest ratesBetula
4lending rates
Taña Dalglish
4falling interest rates
Margarita Ezquerra (Smart Translators, S.L.)
4see
John Rynne


Discussion entries: 1





  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
see


Explanation:
The funding rate is the rate at which a company can borrow money. If the situation is risky (e.g. country risk, etc.), lenders will want a higher rate to compensate. As the risk declines, the additional interest charged to cover it (known as the "risk premium") also declines. So the overall funding rate declines.

John Rynne
Local time: 17:28
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 52
Notes to answerer
Asker: ah, ok, now i get it, thanks!...it's not the rate of the funding itself, but rather the INTEREST rate ON the funding... ¡gracias!

Login to enter a peer comment (or grade)

6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
falling interest rates


Explanation:
Creo que aquí se refiere a que han bajado los tipos de interés y no el nivel o volumen de los fondos.

--------------------------------------------------
Note added at 8 minutos (2007-03-26 11:35:43 GMT)
--------------------------------------------------

Perdón, quise decir:

falling funding interest rates

Margarita Ezquerra (Smart Translators, S.L.)
Spain
Local time: 17:28
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 107
Notes to answerer
Asker: thanks, i get it now! you are totally right

Login to enter a peer comment (or grade)

8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
lending rates


Explanation:
Another option.

As others have said before if the "lending rates" decrease, it becomes more attractive for foreign investors.

Suerte.

Taña Dalglish
Jamaica
Local time: 10:28
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
Login to enter a peer comment (or grade)

11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
interest rates


Explanation:
Although in your original, this really means the "cost of funding", with the exception of (various) commissions, the main cost is payment of interest.

Betula
Local time: 17:28
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
Login to enter a peer comment (or grade)

4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
funding


Explanation:
It means that the cost of funding has decreased. El costo del financiamiento/la financiación ha decrecido a causa de la mejora en los indicadores e riesgo y en las calificaciones de riesgo.-

--------------------------------------------------
Note added at 5 mins (2007-03-26 11:33:02 GMT)
--------------------------------------------------

Typo:"de".-

--------------------------------------------------
Note added at 23 mins (2007-03-26 11:50:22 GMT)
--------------------------------------------------

Pero obviamente el costo del dinero decrece si el riesgo es menor....a menor riesgo (mejores calificaciones) menores tasas de interés, y a mayor riesgo (peores calificaciones), mayores tasas de interés!!!

MikeGarcia
Spain
Local time: 17:28
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 36
Notes to answerer
Asker: thanks, but i still don't understand why the "funding rate" would go down if the indicators are better (?)

Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search