Banken for en verden i endring The bank for a ... - BNP Paribas

Banken for en verden i endring The bank for a ... - BNP Paribas

• glossary

Swaps A swap is a financial derivative. It is an agreement to exchange financial flows between two counterparties, which

are generally banks or financial institutions.

TBB (Taux de Base Bancaire) Interest base rate.

TMO (Taux Mensuel de

Rendement des Emprunts


Interest rate corresponding to the monthly bond yield.

TPI (Titre au Porteur Identifiable) Procedure allowing issuers to obtain information about the identity of holders of bearer shares from Euroclear.

Trade Centre Specialised sales force set up by BNP Paribas to partner its corporate customers' international development.

The Trade Centres offer importers and exporters a wide range of customised services based on the "one-stopshopping"


Treasury shares Shares held by the issuer. Treasury shares are stripped of voting and dividend rights and are not taken into account

in the calculation of earnings per share.

TSDI (Titre Subordonné à Durée


French acronym for perpetual subordinated notes.

TSR Total Shareholder Return: corresponding to return on the capital invested by shareholders, including dividends

and unrealised gains on the shares.

UCITS Undertaking for Collective Investment in Transferable Securities. Term covering unit trusts and variable capital

investment companies.



More magazines by this user
Similar magazines