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AyT Cédulas Cajas

English translation: AyT Cédulas Cajas ("AyT Bonds")

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Spanish term or phrase:AyT Cédulas Cajas
English translation:AyT Cédulas Cajas ("AyT Bonds")
Entered by: xxxamj_services
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12:33 Jul 20, 2005
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / covered bonds
Spanish term or phrase: AyT Cédulas Cajas
I take it Cedulas are covered bonds in general, and I've seen this left in Spanish in English texts. How do people normally translate this. It's just an option, I'll give you the full list:
Cédulas

Cédulas Hipotecarias

A y T Cédulas Cajas I, FTA

Cédulas TDA 1, FTA

Tramo

Cédulas Territoriales

A y T Cédulas Territoriales Cajas 1, FTA


Thanks
xx
Anna Moorby DipTrans
Local time: 11:36
AyT Cedulas Cajas ("AyT Bonds")
Explanation:
This is some info i found on www.forbes.com and www.moodys.com
"AyT" stands for "Ahorro y Titulización" (Ahorro y Titulización, S.G.F.T.,S.A.; check out http://www.ahorroytitulizacion.com/QuienesSomosI/QuienesSomo...
Forbes wrote: "[...] Cedulas Territoriales (CTs) (public covered bonds) issued by 16 different Spanish savings banks (cajas de ahorros) [...] portfolio of Cedulas Hipotecarias (secured mortgage bonds or "Cedulas") issued by 23 different Spanish savings banks (Cajas)"
Moody's: Special Reports entitled, "Spanish Cedulas Hipotecarias (Mortgage Certificates)

You should leave it in Spanish and if the text allows it, a brief explanation with your own words.
Hope it works!
Selected response from:

xxxamj_services
Germany
Local time: 11:36
Grading comment
Thanks
xx
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +2AyT Cedulas Cajas ("AyT Bonds")xxxamj_services


  

Answers


6 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
AyT Cédulas Cajas
AyT Cedulas Cajas ("AyT Bonds")


Explanation:
This is some info i found on www.forbes.com and www.moodys.com
"AyT" stands for "Ahorro y Titulización" (Ahorro y Titulización, S.G.F.T.,S.A.; check out http://www.ahorroytitulizacion.com/QuienesSomosI/QuienesSomo...
Forbes wrote: "[...] Cedulas Territoriales (CTs) (public covered bonds) issued by 16 different Spanish savings banks (cajas de ahorros) [...] portfolio of Cedulas Hipotecarias (secured mortgage bonds or "Cedulas") issued by 23 different Spanish savings banks (Cajas)"
Moody's: Special Reports entitled, "Spanish Cedulas Hipotecarias (Mortgage Certificates)

You should leave it in Spanish and if the text allows it, a brief explanation with your own words.
Hope it works!

xxxamj_services
Germany
Local time: 11:36
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
Grading comment
Thanks
xx

Peer comments on this answer (and responses from the answerer)
agree  Malena Garcia
4 hrs

agree  Philippe Maillard
6 hrs
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