Export Financing in the United States: Problems and Options : a Staff Report, Volume 4 |
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Common terms and phrases
90 100 PERCENTAGE agency agricultural commodities amount basis borrower Capital Guarantee capital loan CHFA collateral commercial risks Commodity Credit Corporation competition Contract Price costs Credit Insurance default developing countries direct loans economic impact Exim Eximbank export credit agency export credit sales export financing programs export transactions Export-Import Bank exporter's assignee EXPORTERS ON FINANCING-88 exposure fee FCIA Federal foreign bank foreign buyer foreign sales corporation FREQ PERCENT funds host country interest rate Intermediary Loan issued Item lender less letter of credit Loan Guarantees loans and guarantees loss medium-term OECD OPIC OPIC's payment guarantee PERCENTAGE BAR CHART political risks political violence Preliminary Commitment repayment term Shared FSC small business SURVEY OF EXPORTERS Third World debt trade U.S. banks U.S. commercial banks U.S. companies U.S. content U.S. dollars U.S. Export-Import Bank U.S. exports U.S. firms U.S. government United URBAN AFFAIRS SUBCOMM
Popular passages
Page 114 - Program (GSM-103) provide guarantees on private financing of US exports to foreign buyers purchasing on credit terms. The...
Page 80 - Eximbank extends direct loans to foreign buyers of US exports and intermediary loans to fund responsible parties that extend loans to the foreign buyers.
Page 107 - Bank may not extend any direct credit or financial guarantee for establishing or expanding production of any commodity for export by any country other than the United States, if...
Page 106 - ... the Board of Directors, offer reasonable assurance of repayment; and that in authorizing any loan or guarantee, the Board of Directors shall take into account any serious adverse effect of such loan or guarantee on the competitive position of United States industry, the availability of materials which are in short supply in the United States...
Page 80 - Bank states that its mission is "to facilitate export financing of US goods and services by neutralizing the effect of export credit subsidies from other governments and by absorbing reasonable credit risks that are beyond the current reach of the private sector.
Page 118 - CCC's payment guarantee, including any amendments to the payment guarantee. The payment guarantee may provide for automatic adjustments in the eligible interest during the term of the credit. Eligible interest shall not exceed the average Investment rate of the most recent Treasury 52-week bill auction as announced by the Department of Treasury at the time CCC determines the eligible Interest or at the time the eligible interest is adjusted. (f) "Exported value" means the value of the commodity exported...
Page 107 - For purposes of paragraph (1)(B), the extension of any credit or guarantee by the Bank will cause substantial injury if the amount of the capacity for production established, or the amount of the increase in such capacity expanded, by such credit or guarantee equals or exceeds 1 percent of United States production.
Page 108 - ... requirement of pre-approval economic impact analysis. Eximbank has two mechanisms set up to expedite normal processing of these smaller transactions. First, the Loan Committee has been delegated authority to approve all single-sale cases with an exposure value of $5.0 million or less (export value of just under $5.9 million). Second, FCIA has delegated authority to approve single buyer-credit limits up to $3.5 million (as this is an exposure limit, individual cases are likely to be much smaller)....
Page 152 - ... the Department of Commerce, the Department of Agriculture, the Department of State, the Department of the Interior, and the Mutual Security Agency, as well as others.