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Loan Commitments

Loan Commitments. Dan Galai and Zvi Wiener The Hebrew University of Jerusalem. Loan Commitment and Credit Lines. Borrower and Lender (single or a consortium) Specific goal (debt maturity, big project, etc.) General use (liquidity needs, emergency, etc.) Specific date or open-end use

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Chapter 1

Chapter 1. Introduction to Bond Markets. Intro to Fixed Income Markets. What is a bond? A bond is simply a loan, but in the form of a security. The issuer of the bond is the borrower and investors (bondholders) are the lenders.

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