_ In international trade, documentary letter of credit provides the buyer with bank credit as payment guarantee, but it is not applicable to the situation that the seller needs to provide guarantee for the buyer, and it is not applicable to other trading methods other than the sale of goods in international economic cooperation. However, in international economic transactions, in order to safeguard their own economic interests, the parties to a contract often need to take corresponding safeguard measures against possible risks. Bank guarantee and standby letter of credit are safeguards provided in the form of bank credit. A bank guarantee is a guarantee certificate issued by a bank to bear the payment responsibility, and the bank bears the absolute payment responsibility according to the provisions of the guarantee.

_ Bank guarantees are mostly "payable at sight" (unconditional guarantees) and are irrevocable documents. The parties to a bank guarantee include the principal (the party requesting the bank to open the guarantee), the beneficiary (the party receiving the guarantee and claiming compensation from the bank accordingly) and the guarantor (the issuer of the guarantee).

_ The publication UGD458 of the International Chamber of Commerce stipulates its main contents:

(1) related party (name and address).

(2) The basis for issuing the letter of guarantee.

(3) The terms of guarantee amount and decreasing amount.

(4) Requirements for payment.

_ 1992, the International Chamber of Commerce published the Uniform Rules for Demand Guarantees, which stipulated that when the beneficiary claims, he only needs to present the written request and the documents specified in the guarantee, and the payment of the guarantor is based on the documents, not a certain fact. The guarantor has nothing to do with the contract on which the letter of guarantee may be based and is not bound by it.

Extended content

I. Overview of the Project:

1, project object: an international bank BG, with a credit rating of AAA.

2. Project type: fresh-cut BG lightly seasoned BG seasoned BG.

3. Nature of the project: 458 /500

4. Project issuing banks: Deutsche Bank, HSBC, Barclays Bank, ABN Amro and Royal Bank of Scotland.

5. The function of the project: as an investment method with fixed income.

Second, the market situation:

1, international market:

BG, as a financial product to preserve value and gain investment income, has been widely accepted by the international financial market and formed a mature market, becoming a universal financial investment product. At present, large enterprises, financial institutions and wealthy individuals in the international market have invested a certain amount of money in BG.

2. Domestic market:

BG's investment in the international financial market has been understood and recognized by more and more domestic people. However, due to the restrictions of domestic financial policies, it is impossible to make investment in line with the international market. Therefore, some domestic investors mostly make financial investments through their own companies in Hong Kong or companies in Europe and America. But overall, the domestic market is still in an underdeveloped state.

3. Market prospect:

After years of development, China has accumulated a lot of wealth, coupled with excessive currency and lack of domestic investment projects, resulting in a large amount of funds without suitable investment targets. At present, even if domestic funds are invested overseas, they are mainly invested by investment companies to acquire equity resources and real estate investment. However, many times the failure of domestic companies to invest in these projects abroad is influenced by overseas laws and policies, especially the political environment. For an investment like BG, it is not affected by these factors and can get considerable benefits. Therefore, it is a way to preserve and increase the value of huge domestic overseas investment funds, and its development prospect is still very bright.

Third, income analysis.

According to investors' investment in banks with different credit ratings, different yields are also different. Let me give you an example to illustrate:

If investors buy the bank BG(FC BG) price that HSBC has not issued, then the SS BG price that 59-60 has issued is at least 765,438+0. When the investor goes to the bank to pay the amount of 65,438+000 the day after the bill is issued, his yields are 40% and 29% respectively. In general, investors only invest in bank BG with a credit rating of 3A. Of course, if an investor enters the market to buy BG and then sells it, his yield will be 60% for at least one year.

Fourth, risk analysis:

For investors, the most concern is the safety of their own funds, and risk has become the most concerned issue. In order to avoid or reduce risks, investors should choose international big banks with the highest credit rating of 3A, such as Germany and HSBC, so that the possibility of bank failure is relatively small. Therefore, the risk of investing in such financial products is more controllable.

Verb (abbreviation for verb) cooperation mode:

1, pure business. We provide bills and investors buy them.

2. We provide bills, investors provide 350 million euros as a platform to buy bills, and then we sell them to customers, and the yield is distributed according to 60% of investors and 40% of us in six cycles a year. At present, the main hope is to cooperate in this way.

Investors have ready-made SS BG for our customers to buy.

To sum up, it is a rough explanation. If you are interested in communicating with us in detail, we look forward to the opportunity of cooperation.