What are aims and objectives of banking instruments ?
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It is good to define the word bank instrument before talking of its aim and objectives. Bank instruments can be define as an value or asset note issued to investors by the bank which are mature over five to ten years. The investor pay interest annually until it reaches its pre-defined worth. it aim at proving fund for companies at the needed time, it also a means to finance investors. Furthermore it offer hands on to the investors
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BANKING INSTRUMENTS-These are assets backed notes issued by a bank to an investor, which mature over 5 to 10 years collecting annual coupons until they mature at their predefined values.
The Aims and objectives :
1.To access immediate cash to meet capital requirements for additional financing opportunities by the banks.
2.To earn interest from an investment by the investors.
The Aims and objectives :
1.To access immediate cash to meet capital requirements for additional financing opportunities by the banks.
2.To earn interest from an investment by the investors.
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