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de equilibrio a plazo de 28 días

English translation: 28-Day Interbank Equilibrium Interest Rate (TIIE)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:de equilibrio a plazo de 28 días
English translation:28-Day Interbank Equilibrium Interest Rate (TIIE)
Entered by: David Russi

03:57 Jul 27, 2010
Spanish to English translations [PRO]
Law/Patents - Law: Contract(s) / Contract // Mexico // Description of how late interest penalty is determined
Spanish term or phrase: de equilibrio a plazo de 28 días
I am completely confused by the following, and I am not sure whether it has to do with my lack of familiarity with such matters, less than stellar writing by whomever drafted the contract, or a little bit of both. There will be a series of questions on this. All efforts to help appreciated!

For the present term, what exactly is happening at 28 days?

Si Banco XYZ no hiciere entrega al Cliente de las cantidades recibidas en el plazo señalado en esta cláusula, Banco XYZ pagará al Cliente interés moratorios a razón de la conatidad que resulte aplicar, al saldo insoluto de los Derechos de Cobro de que se trate, la tasa de interés interbancaria de equilibrio a plazo de 28 días, o en caso de caer en día inhábil el término de dicho plazo, el 26, 27, ó 29 días, determinada por el Banco de México y publicada en el Diario Oficial de la Federación, el Día Hábil inmediato anterior a la fecha de pago (TIIE) más dos punto cinco puntos, por el número de días que transcurran desde la fecha en la que Banco XYZ debió haber entregado el Derecho de Cobro y la fecha en que el Cliente reciba el pago del mismo y el resultado anterior se divide entre 360, siendo éste último resultado la cantidad a pagar.
Robert Forstag
United States
Local time: 18:43
28-Day Mexican Interbank Equilibrium Interest Rate (TIIE)
Explanation:
#
Tasa de Interés Interbancaria de Equilibrio > Interbank ...
4 posts - 3 authors - Last post: Aug 2, 2003
505 28-Day Mexican Interbank Equilibrium Interest Rate (TIIE) Futures. ... CHAPTER 505 28-DAY MEXICAN INTERBANK EQUILIBRIUM INTEREST RATE ...
www.proz.com/.../492615-tasa_de_interés_interbancaria_de_eq... - Cached
Get more discussion results
#
TIIE, una tasa de > interbank equilibrium interest rate
3 posts - 2 authors - Last post: Oct 1, 2008
Dealers of euro-denominated interest rate swaps use the rate from euro- ... is cash settled based of the 28-day interbank equilibrium ...
www.proz.com › ... › Business/Commerce (general) - Cached - Similar
Get more discussion results
#
Federal Reserve System - Wikipedia, the free encyclopedia
What happens to money and credit affects interest rates (the cost of credit) and the ... monetary policy by influencing the interbank lending of excess reserves. ..... The Term Securities Lending Facility is a 28-day facility that will ...
en.wikipedia.org/wiki/Federal_Reserve_System - Cached - Similar
Selected response from:

David Russi
United States
Local time: 16:43
Grading comment
Thank you, David.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +128-Day Mexican Interbank Equilibrium Interest Rate (TIIE)
David Russi


  

Answers


16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
28-Day Mexican Interbank Equilibrium Interest Rate (TIIE)


Explanation:
#
Tasa de Interés Interbancaria de Equilibrio > Interbank ...
4 posts - 3 authors - Last post: Aug 2, 2003
505 28-Day Mexican Interbank Equilibrium Interest Rate (TIIE) Futures. ... CHAPTER 505 28-DAY MEXICAN INTERBANK EQUILIBRIUM INTEREST RATE ...
www.proz.com/.../492615-tasa_de_interés_interbancaria_de_eq... - Cached
Get more discussion results
#
TIIE, una tasa de > interbank equilibrium interest rate
3 posts - 2 authors - Last post: Oct 1, 2008
Dealers of euro-denominated interest rate swaps use the rate from euro- ... is cash settled based of the 28-day interbank equilibrium ...
www.proz.com › ... › Business/Commerce (general) - Cached - Similar
Get more discussion results
#
Federal Reserve System - Wikipedia, the free encyclopedia
What happens to money and credit affects interest rates (the cost of credit) and the ... monetary policy by influencing the interbank lending of excess reserves. ..... The Term Securities Lending Facility is a 28-day facility that will ...
en.wikipedia.org/wiki/Federal_Reserve_System - Cached - Similar

David Russi
United States
Local time: 16:43
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 182
Grading comment
Thank you, David.

Peer comments on this answer (and responses from the answerer)
agree  James A. Walsh
6 hrs
  -> Gracias!
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