Glossary entry

Italian term or phrase:

riporti attivi e passivi + pronto contro termini attivi e passivi

English translation:

positive and negative contangos + spot against positive and negative futures

Added to glossary by KirstyMacC (X)
Sep 9, 2004 19:28
19 yrs ago
Italian term

riporti attivi e passivi + pronto contro termini attivi e passivi

Italian to English Bus/Financial Investment / Securities contango and repurchase agreements
We're talking about contango and repo agreements, but my problem is how to express attivi and passivi (and I don't want to use active and passive).

Proposed translations

44 mins
Selected

positive and negative contangos + spot against positive and negative futures

Also see Dizionario Garzanti: riporto con deporto, passivo = backwardation, making me surmise that the sing. form with attivo is the translators' bugbear: 'forwardation'.

Quaere: backwardated and forwardated contagos?

'... is renewed, there is actually an interest rate risk, since *backwardation* or when
short rates are higher than long rates might occur (*negative contango*). ...'
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4 KudoZ points awarded for this answer. Comment: "Thanks. Went for a vriation of this answer."
32 mins

debits and credits brought forward + debits and credits due shortly

riporti attivi e passivi + pronto contro termini attivi e passivi
I am reading pronto as debits and credits due shortly. Say, within 30 days.
Hope it helps.

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Note added at 33 mins (2004-09-09 20:02:40 GMT)
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Adjust confidence to 3 - Medium. The mouse roller played its usual trick.
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