Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Glossary

Minimum denomination

(Minimum settlement amount) - applies to securities issued in bearer form. The issuer determines the total nominal amount and defines a minimum denomination with higher integral multiples in a lesser amount thereafter.
For example, an issuer determines a total nominal amount of USD 100,000,000 and defines a minimum denomination of USD 100,000 and integral multiples of 1,000 thereafter. In this example, a depository will only settle instructions that are greater than 100,000 and that are divisible by multiples of 1,000 thereafter. Minimum denomination may not be defined in the prospectus.

Share:

minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×