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off the run + asset/liability management

French translation: ancien/peu en vogue ; gestion de l'actif et du passif

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:off the run + asset/liability management
French translation:ancien/peu en vogue ; gestion de l'actif et du passif
Entered by: Connie Leipholz
Options:
- Contribute to this entry
- Include in personal glossary

14:42 Mar 24, 2001
English to French translations [PRO]
Bus/Financial
English term or phrase: off the run + asset/liability management
Context:
"the company announced it may periodically repurchase its off-the-run
notes and bonds for asset/liability management purposes."
Off the run = anciennes ?
asset/liability management = gestion de l'actif et du passif ?
Thanks in advance
xxxline
ancien/peu en vogue ; gestion de l'actif et du passif
Explanation:
Salut,

On parle de "off-the-run" securities, bonds, treasury notes, etc.

Selon Termium, "off-the-run se dit "peu en vogue"

Domaine(s)
– Bourse
– Investissements et placements
off-the-run security
valeur «peu en vogue» FEM
DEF – A non-standard issue of a security, often other than the current

* * *

Mais j'ai trouvé ceci, ce qui confirme votre suggestion du terme "anciennes"

off-the-run
Definition: Seasoned, not newly issued or created. Possibly with a coupon that is far from the going rate in the market at that time.
Application: "The on-the-run ten-year Treasury is yielding 6.375%."
Comment: The off-the-run notes and bonds tend to be less liquid than similar on-the-run (q.v.) instruments. Consequently, they trade at slightly lower prices and higher yields. With off-market coupons either higher or lower, the tax bite isn't exactly the same for off-the-run and on-the-run instruments. This implies that a yield curve that reflects both on-the-run and off-the-run instruments is a "fruit salad".
7/28/00 on-the-run
Definition: Newly issued or created, with price near par, hence with a coupon that is the going rate in the market at that time.
Application: "The on-the-run ten-year Treasury is yielding 6.375%."
Comment: The on-the-run notes and bonds tend to be more liquid than similar off-the-run (q.v.) instruments. Consequently, they trade at slightly higher prices and lower yields than off-the-run counterparts. The tax bite for on- and off-the-run instruments differs too. This implies that a yield curve that reflects both on-the-run and off-the-run instruments is a "fruit salad".
http://www.margrabe.com/FixedIncome.html


* * *

"Gestion de l'actif et du passif" est correct:

Domaine(s)
– Gestion budgétaire et financière
– Comptabilité publique

asset management CORRECT
assets management CORRECT
gestion de l'actif CORRECT, FEM
gestion des biens CORRECT, FEM
gestion des actifs

liability management CORRECT
gestion du passif CORRECT
DEF – Supervision of the claims on the assets of a company

J'espere que cela vous aidera.

Mes meilleures salutations,
Connie

Selected response from:

Connie Leipholz
Canada
Local time: 14:39
Grading comment
Many thanks to all those who answered
4 KudoZ points were awarded for this answer

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Summary of answers provided
napeu actives /inactives
Madeleine van Zanten
naancien/peu en vogue ; gestion de l'actif et du passifConnie Leipholz


  

Answers


59 mins
ancien/peu en vogue ; gestion de l'actif et du passif


Explanation:
Salut,

On parle de "off-the-run" securities, bonds, treasury notes, etc.

Selon Termium, "off-the-run se dit "peu en vogue"

Domaine(s)
– Bourse
– Investissements et placements
off-the-run security
valeur «peu en vogue» FEM
DEF – A non-standard issue of a security, often other than the current

* * *

Mais j'ai trouvé ceci, ce qui confirme votre suggestion du terme "anciennes"

off-the-run
Definition: Seasoned, not newly issued or created. Possibly with a coupon that is far from the going rate in the market at that time.
Application: "The on-the-run ten-year Treasury is yielding 6.375%."
Comment: The off-the-run notes and bonds tend to be less liquid than similar on-the-run (q.v.) instruments. Consequently, they trade at slightly lower prices and higher yields. With off-market coupons either higher or lower, the tax bite isn't exactly the same for off-the-run and on-the-run instruments. This implies that a yield curve that reflects both on-the-run and off-the-run instruments is a "fruit salad".
7/28/00 on-the-run
Definition: Newly issued or created, with price near par, hence with a coupon that is the going rate in the market at that time.
Application: "The on-the-run ten-year Treasury is yielding 6.375%."
Comment: The on-the-run notes and bonds tend to be more liquid than similar off-the-run (q.v.) instruments. Consequently, they trade at slightly higher prices and lower yields than off-the-run counterparts. The tax bite for on- and off-the-run instruments differs too. This implies that a yield curve that reflects both on-the-run and off-the-run instruments is a "fruit salad".
http://www.margrabe.com/FixedIncome.html


* * *

"Gestion de l'actif et du passif" est correct:

Domaine(s)
– Gestion budgétaire et financière
– Comptabilité publique

asset management CORRECT
assets management CORRECT
gestion de l'actif CORRECT, FEM
gestion des biens CORRECT, FEM
gestion des actifs

liability management CORRECT
gestion du passif CORRECT
DEF – Supervision of the claims on the assets of a company

J'espere que cela vous aidera.

Mes meilleures salutations,
Connie




    Reference: http://www.termium.com
    Reference: http://www.margrabe.com/FixedIncome.html
Connie Leipholz
Canada
Local time: 14:39
PRO pts in pair: 644
Grading comment
Many thanks to all those who answered
Login to enter a peer comment (or grade)

9 hrs
peu actives /inactives


Explanation:
pour gérer son bilan

Madeleine van Zanten
Switzerland
Local time: 20:39
Native speaker of: Native in FrenchFrench
PRO pts in pair: 200
Login to enter a peer comment (or grade)




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