Traduction de «Emprunt en devises indexé » (Français → Anglais) :

This devaluates foreign currency loans contracted by approximately 1.5 million Hungarians and places these citizens in a position where they may face eviction.

4. Calls for supervisory authorities to closely monitor the funding and liquidity risks resulting from foreign currency lending, to take action to prevent excessive risks and to require financial institutions to have effective pricing, capital allocation and liquidity management systems to deal with foreign currency lending and to take account of the consumer’s ability to withstand fluctuations in the exchange rate when assessing the consumer’s creditworthiness; calls for Member States to require financial institutions to allow consumers to convert the loan into an alternative currency, in accordance with a transparent method disclosed ...[+++]to the consumer in pre-contractual information, and for financial institutions to provide a foreign exchange hedging facility at reasonable cost to consumers to limit the risk of adverse currency movement on repayments;

One of the important factors in this context is the extent to which households and enterprises have taken on loans in currencies other than the national currency where such loans must however be serviced in the national currency.

2. Without prejudice to the provisions of Article 23, the Bank shall not, in managing its investments, engage in any currency arbitrage not directly required to carry out its lending operations or fulfil commitments arising out of loans raised or guarantees granted by it.

In the case of transactions in which debt instruments, equities, foreign currencies and commodities (excluding repurchase and reverse repurchase agreements and securities or commodities lending and securities or commodities borrowing) are unsettled after their due delivery dates, an institution must calculate the price difference to which it is exposed.

It may differ according to the currency in which the contract is denominated, provided that it is not more than 60 % of the rate on bond issues by the State in whose currency the contract is denominated.