Glossary entry

Italian term or phrase:

Primo Fixing

English translation:

First fixing

Added to glossary by Jane Griffiths (X)
Feb 24, 2005 19:12
19 yrs ago
Italian term

Primo Fixing

Italian to English Bus/Financial Investment / Securities
EVENTO A: alla data del fixing el Tasso Parametro EUR EURIB 3M risulta inferiore al 5.000% (escluso)
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Primo Fixing del tasso EURIB 3M rilevazione del 24/12/xxxx.
Proposed translations (English)
2 First Fixing
4 First fixing

Proposed translations

18 mins
Selected

First Fixing

It seems a bit too obvious to be true, but this seems very likely.
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4 KudoZ points awarded for this answer. Comment: "Thanks! "
21 mins

First fixing

O.K. Seems simple doesn't it. Here's a bit of background. The first fixing of a commodity (gold tec) or in this case the Eurobor £M interest rate is the result of those who decide the rate to put it to market - on the basis of market reaction the rate that was initially decided will be raised or lowered until a consensus is found. The rate is then fixed.

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Note added at 22 mins (2005-02-24 19:35:23 GMT)
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Sorry about the typing - pls read \"etc\" and \"Eurobor 3M\".
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