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A non-callable MT760 is a type of financial instrument used in international trade and banking, specifically in the context of guarantees or standby letters of credit. It signifies that the issuer cannot cancel or revoke the guarantee until the specified terms are fulfilled, providing a level of security to the beneficiary. This instrument is commonly utilized to facilitate transactions by assuring payment or performance without the risk of early termination by the issuer.

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5d ago

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Related Questions

Will a call provision increase or decrease the yield to maturity at which a firm can issue a bond?

Callable bonds will pay a higher yield than comparable non-callable bonds. Take from answers.com


What is a callable?

Callable is the designation of a bond that can be paid off earlier than its maturity date.


Are Municipal Dollar Bonds Callable?

Yes Dollar bonds can be callable


Can you draw or advance with mt760?

It depends on the condition and warranty listed on the contract of MT760.


Where is the risk of MT760?

The risk of MT760 lies primarily in its use as a guarantee or collateral for financial transactions, often in trade finance. If the underlying transaction fails or is fraudulent, the party relying on the MT760 may face significant financial losses. Additionally, because MT760 transactions are often associated with complex international trade deals, there is a risk of regulatory non-compliance or misunderstandings between parties. This can lead to disputes, legal complications, and reputational damage.


How are callable bonds different from regular bonds?

Callable bonds are similar to regular bonds in many ways. The main different is that callable bonds can be redeemed before the bond has completely matured.


What is MT760 SBLC?

MT760 is a Stand By Letter of Credit or SBLC. This form is the United States version of the Bank Guarantee.


Are bid bonds callable demand?

similar to other forms of surety bonds, bid bonds are callable on demand.


What is callable preferred stock?

Preferred stock may be "callable." At the option of the corporation, callable preferred stock may be surrendered to the corporation, usually at a price a little above par value (or a stated value).


What is MT103 and MT760?

MT103 and MT760 are international financial transaction code numbers. The code, MT103 SWIFT message is the most commonly used.


What is the difference MT998 TO MT760?

What is the function of a MT998


What are continuously callable bonds and how do they differ from traditional callable bonds?

Continuously callable bonds are a type of bond that can be redeemed by the issuer at any time, rather than only on specific dates as with traditional callable bonds. This gives the issuer more flexibility but can be a disadvantage for investors as they may not receive the expected interest payments for the full term of the bond.