Märkte der langfristigen Fremdfinanzierung

This book provides a fundamental understanding of the credit market, which is essential for managing external capital costs. A sustainable negotiating position with lenders requires not only an understanding of operational repayment forms. It is important to comprehend the financing markets, which include not only the regulation of banking operations but also the influences of monetary policy on the markets and, in particular, the market interest rate level and its consequences for borrowers. Therefore, readers will learn a lot of useful information about the nature and design options of external capital financing. In addition to traditional loan financing, the book also covers bond financing and promissory notes for the housing and real estate sector. The book then outlines interest rate hedging swap transactions from a corporate perspective to address interest rate risk. It concludes with a concrete idea for establishing a dedicated housing finance bank.