Glossary entry

German term or phrase:

Bankarbeitstage

English translation:

business days

Added to glossary by davidgreen
Mar 11, 2004 18:03
20 yrs ago
2 viewers *
German term

sentence help

German to English Bus/Financial Finance (general)
I'm just not sure it's correct because of the blanks, don't really know what's supposed to go into the blanks some I'm flying a little blind:

Das Darlehen ist, beginnend mit dem Tage der Auszahlung, dem ........ mit ....... - Euribor zuzüglich ......bp für die jeweilige Zinsperiode zu verzinsen. Der jeweilige ...... - Euribor für die einzelnen Zinsperioden wird zweiBankarbeitstage vor Beginn einer neuen Zinsperiod gem. ... Telerate-Bildschirm um 11:00 Uhr MEZ festgestellt. Basis 365 / 360 Tage.

My version:
The loan, beginning with the date of disbursement, is to bear interest to .................... with ...... - Euribor plus ...... bps for the respective interest period.
The respective ...... - Euribor for the individual interest period is two bank work days prior to the start of a new interest period determined acc. to the Telerate monitor at 11.00 a.m. MET. Basis 365 / 360 days

Proposed translations

3 mins
Selected

Interest is payable on the loan at the rate of Euribor plus ... basis points

... the pertinent Euribor rate is determined from the Telerate screen two banking days before ...
Something went wrong...
4 KudoZ points awarded for this answer.
+2
9 mins

see here under

The loan, beginning with the date of disbursement, being the ......, is to bear interest of ...... - Euribor plus ...... bps for the respective interest period.
The respective ...... - Euribor for the individual interest period is to be fixed two bank work days prior to the start of a new interest period determined acc. to the Telerate monitor at 11.00 a.m. MET. Basis 365 / 360 days
Peer comment(s):

agree InaHohmann : Poss. 'business days' instead of 'bank work days', but essentially this is it. The ... are for insertion of date respectively currency. Presumably, in the last sentence before 'Telerate', also for insertion of applicable currency.
43 mins
agree Ingrid Blank : except for bank days - I would rather use banking business days, banking days or just business days
10 hrs
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