Traduction de «obligation amortissable » (Français → Anglais) :

8. Debt amortization (existing bonds) since the end of the previous year || || ||

8. Debt amortization (existing bonds) since the end of the previous year || || ||

5. Believes that the introduction of a limited form of common debt as a first step of a roadmap towards fully fledged Eurobonds with appropriate governance safeguards is necessary for ensuring the viability of the Economic and Monetary Union in accordance with the European Parliament position on the ‘two pack’; urges therefore the Commission to put forward a proposal for immediately establishing a European Redemption Fund as well as the immediate issuance of common short-term debt in the form of eurobills to reduce spreads, protect Member States from panic induced negative externalities and the negative feedback loop between sovereign a ...[+++]nd banking crises;

5. Encourages the Commission to set out immediately a roadmap for the introduction of stability bonds in the euro area; points out to the Commission that one of the elements of the roadmap start-up phase is the European Redemption Fund (ERF); to be progressively implemented in 5 years in order to jointly reduce the sovereign debt stock in excess of 60 % of GDP of Member States over 25-year-period; while managing in a coordinated way the issuance of the debt in the short term;

Another measure of this structural problem is that CN and CP have been obligated to take combined financial writedowns of almost $4 billion over the past four years.

The sinking fund is to ensure the fulfilment of the Authority’s repayment obligations to the holders of bonds/securities that it has issued (clause 80).