natgillin/translations-raw huggingface dataset:
The financing of a particular economic unit in which a lender is satisfied to consider the cash flows and earnings of that economic unit as the source of funds from which a loan will be repaid and to the assets of the economic unit as collateral for the loan.
financiranje posamezne gospodarske enote, pri kateri je posojilodajalec prepričan, da lahko denarne tokove in dohodke te enote šteje za vir sredstev, iz katerih bo posojilo odplačano, premoženje te gospodarske enote pa za poroštvo za posojilo;
Financing of export transactions with an independent (legally and economically) project company, e.g. special purpose company, in respect of investment projects generating their own revenues.
financiranje izvoznih transakcij s (pravno in gospodarsko) neodvisno projektno družbo, npr. družbo s posebnim namenom v zvezi z naložbenimi projekti, ki ustvarjajo lastne prihodke;
Appropriate risk-sharing among the partners of the project, e.g. private or creditworthy public shareholders, exporters, creditors, off-takers, including adequate equity.
ustrezno delitev tveganja med projektnimi partnerji, npr. zasebnimi ali posojilno sposobnimi javnimi delničarji, izvozniki, upniki, odjemalci, vključno z zadostnim lastnim kapitalom;
Project cash flow sufficient during the entire repayment period to cover operating costs and debt service for outside funds.
denarni tok projekta, ki je v celotni dobi odplačevanja zadosten za pokrivanje stroškov poslovanja in servisiranja dolga za zunanja sredstva;
Priority deduction from project revenues of operating costs and debt service.
prioritetni odbitek stroškov poslovanja in servisiranja dolga od prihodkov projekta;
A non-sovereign buyer/borrower with no sovereign repayment guarantee
nedržavni kupec/posojilojemalec brez državne garancije vračila;
Asset-based securities for proceeds/assets of the project, e.g. assignments, pledges, proceed accounts;
zavarovanje s premoženjskimi varščinami za prihodke/sredstva iz projekta, npr. odstopi, zastavljeno premoženje, konto sredstva;
Limited or no recourse to the sponsors of the private sector shareholders/sponsors of the project after completion
omejen dostop ali brez dostopa do sponzorjev delničarjev iz zasebnega sektorja ali sponzorjev projekta po njegovem zaključku.
Annex X, Article 5, for projects in High Income OECD Countries
Priloga X, člen 5, za projekte v državah OECD z visokim dohodkom na prebivalca
Total debt syndication amount for the project, including official and private lenders
Skupen znesek sindiciranega posojila za projekt, vključno z uradnimi in zasebnimi posojilodajalci
Total amount of the debt syndication from private lenders
Skupni znesek sindiciranega posojila zasebnih posojilodajalcev
Percentage of the debt syndication provided by the Participants
Odstotek sindiciranega posojila, ki ga zagotovijo udeleženke
Confirmation that:
Potrdilo, da:
In respect of participation in a loan syndication with private financial institutions that do not benefit from official export credit support, the Participant is a minority partner with pari passu status throughout the life of the loan.
je glede udeležbe v sindiciranem posojilu z zasebnimi finančnimi ustanovami, ki ne prejemajo uradne podpore za izvozne kredite, udeleženka manjšinski partner s statusom pari passu ves čas trajanja kredita;
The premium rate reported under item k) 19 above does not undercut available private market financing and is commensurate with the corresponding rates being charged by other private financial institutions that are participating in the syndication.
premijska stopnja iz točke (k) 19 zgoraj ne zniža razpoložljivega financiranja na zasebnem trgu in je sorazmerna z ustreznimi obrestnimi merami, ki jih zaračunavajo druge zasebne finančne institucije, ki sodelujejo pri sindiciranju.
Indicate the number of SDR 40 million multiples in excess of SDR 280 million, e.g. SDR 410 million would be notified as Category XV+3.
Pomeni število večkratnikov 40 milijonov SDR nad 280 milijoni SDR, npr. 410 milijonov SDR bi spadalo v kategorijo XV + 3.
CALCULATION OF THE MINIMUM PREMIUM RATES
IZRAČUN NAJNIŽJIH PREMIJSKIH STOPENJ
MPR Formula
Formula MPR
The formula for calculating the applicable MPR for an export credit involving an obligor/guarantor in a country classified in Country Risk Categories 1-7 is:
Formula za izračun veljavnih MPR (najnižjih premijskih stopenj) za izvozni kredit, ki vključuje dolžnika/garanta iz države, razvrščene v kategorijah tveganja države 1 do 7, je:
* maxPCC, PCP
* maksPCC, PCP
country risk coefficient in country risk category i (i = 1-7)
koeficient deželnega tveganja v kategoriji tveganja države i (i = 1–7);
buyer risk coefficient for buyer category n (n = SOV+, SOV/CCO, CC1-CC5) in country risk category i (i = 1-7)
koeficient tveganja kupca za kategorijo kupca n (n = SOV+, SOV / CCO, CC1 – CC5) v kategoriji tveganja države i (i = 1–7);
constant for country category risk category i (i = 1-7)
konstanta za kategorijo tveganja države i (i = 1–7);
HOR horizon of risk
HOR časovni horizont tveganja;
PCC commercial (buyer) risk percentage of cover
PCC odstotek kritja za komercialno tveganje (kupca);
PCP political (country) risk percentage of cover
PCP odstotek kritja za politično tveganje (tveganje države);
CEF credit enhancements factor
CEF dejavnik kreditne izboljšave;
quality of product factor in country risk category i (i = 1-7)
dejavnik kakovosti produkta v kategoriji tveganja države i (i = 1–7);
percentage of cover factor in country risk category i (i = 1-7)
dejavnik odstotka kritja v kategoriji tveganja države i (i = 1–7);
BTSF better than sovereign factor
BTSF dejavnik „manjše tveganje od tveganja državnih posojilojemalcev“;
LCF local currency factor
LCF dejavnik lokalne valute.
Applicable Country Risk Classification
Veljavna razvrstitev države glede na njeno tveganje
The applicable country risk classification is determined according to Article 24 e), which in turn determines the country risk coefficient (ai) and constant (bi) that are obtained from the following table:
Veljavna razvrstitev države glede na njeno tveganje je določena v skladu s členom 24(e), ki s tem določa koeficient tveganja države (ai) in konstanto (bi), pridobljena iz naslednje razpredelnice:
Selection of the Appropriate Buyer Risk Category
Izbor ustrezne kategorije tveganja kupca
The appropriate buyer risk category is selected from the following table, which provides the combinations of country and buyer risk categories that have been established and the agreed concordance between buyer risk categories CC1-CC5 and the classifications of accredited CRAs.
Ustrezna kategorija tveganja kupca se izbere iz naslednje razpredelnice, ki vključuje kombinacije opredeljenih kategorij tveganja države in kupca ter dogovorjeno skladnost med kategorijami tveganja kupca CC1–CC5 in razvrstitvami akreditiranih bonitetnih agencij.
Qualitative descriptions of each buyer risk category (SOV+ to CC5) have been established to facilitate the classification of obligors (and guarantors) and are provided in Annex XII.
Za olajšanje razvrščanja dolžnikov (in garantov) so bili določeni kvalitativni opisi posamezne kategorije tveganja kupca (SOV+ do CC5), ki so na voljo v Prilogi XII.
Country Risk Category
Kategorija tveganja države
AAA to AA–
AAA do AA–
A+ to A–
A+ do A–
BBB+ to BBB–
BBB + do BBB–
B– or worse
B– ali slabše
BB– or worse
B– ali slabše
B+ or worse
B+ ali slabše
B or worse
B ali slabše
The selected buyer risk category, in combination with the applicable country risk category determines the buyer risk coefficient (cin) that is obtained from the following table:
Na podlagi izbrane kategorije tveganja kupca skupaj z veljavno kategorijo tveganja države je določen koeficient tveganja kupca (cin), ki je pridobljen iz naslednje preglednice:
Buyer Risk Category
Kategorija tveganja kupca
Horizon of Risk (HOR)
Časovni horizont tveganja (HOR)
The Horizon of Risk (HOR) is calculated as follows:
Časovni horizont tveganja (HOR) se izračuna na naslednji način:
For standard repayment profiles (i.e. equal semi-annual repayments of principal):
Za standardne načine odplačevanja (tj. enaka polletna odplačila glavnice):
length of the disbursement period * 0,5
dolžina dobe izplačil * 0,5
the length of the repayment period
dolžina obdobja odplačevanja .
For non-standard repayment profiles:
Za nestandardne načine odplačevanja:
In the above formulas, the unit of measurement for time is years.
V navedenih formulah so enote, uporabljene za merjenje časa, leta.
Percentage of Cover for Commercial (Buyer) Risk (PCC) and Political (Country) Risk (PCP)
Odstotek kritja za komercialno tveganje (kupca) (PCC) in za politično tveganje (tveganje države) (PCP)
The Percentages of Cover (PCC and PCP) expressed as a decimal value (i.e. 95 % is expressed as 0,95) in the MPR formula.
Odstotka kritja (PCC in PCP) sta v formuli MPR izražena v decimalni vrednosti (tj. 95 odstotkov je izraženih kot 0,95).
Buyer Risk Credit Enhancements
Izboljšave kreditnega tveganja kupca
The value of the credit enhancement factor (CEF) is 0 for any transaction that is not subject to any buyer risk credit enhancements.
Vrednost dejavnika kreditne izboljšave (CEF) je za vsako transakcijo, za katero ne velja nobena izboljšava kreditnega tveganja kupca, enaka nič.
The value of the CEF for transactions that are subject to buyer risk credit enhancements is determined according to Annex VIII (subject to the restrictions set out in Article 31 c) of the Arrangement and may not exceed 0,35.
Vrednost CEF za transakcije, za katere veljajo izboljšave kreditnega tveganja kupca, je določena v skladu s Prilogo VIII (v skladu z omejitvami iz člena 31(c)) Sporazuma in ne sme biti večja od 0,35.
Quality of Product Factor (QPF)
Dejavnik kakovosti produkta (QPF)
The QPF is obtained from the following table:
QPF se pridobi iz naslednje razpredelnice:
Product Quality
Kakovost produkta
Below Standard
Podstandardna
Above Standard
Nadstandardna
Percentage of Cover Factor (PCF)
Dejavnik odstotka kritja (PCF)
The PCF is determined as follows:
PCF se določi na naslednji način:
For ( max(PCC, PCP) ≤ 0,95, PCF = 1)
Za (maks (PCC, PCP) ≤ 0,95, PCF = 1)
For ( max(PCC, PCP) > 0,95, PCF
Za (maks (PCC, PCP) > 0,95, PCF
maxPCC, PCP
maksPCC, PCP
* percentage of cover coefficient
* koeficient odstotka kritja
The percentage of cover coefficient is obtained from the following table:
Koeficient odstotka kritja se pridobi iz naslednje preglednice:
Percentage of cover coefficient
Koeficient odstotka kritja
Better than Sovereign Factor (BTSF)
Dejavnik „manjše tveganje od tveganja državnih posojilojemalcev“ (BTSF)
When an obligor is classified in the “better than sovereign” (SOV+) buyer risk category, BTSF = 0,9, otherwise BTSF = 1.
Če je dolžnik razvrščen v kategorijo tveganja kupca „manjše tveganje od tveganja državnih posojilojemalcev“ (SOV+), je BTSF = 0,9, sicer pa je BTSF = 1.
Local Currency Factor (LCF)
Dejavnik lokalne valute (LCF)
For transaction making use of local currency country risk mitigation, the value of the LCF may not exceed 0,2.
Pri transakcijah, pri katerih se uporablja zmanjšanje tveganja države v lokalni valuti, vrednost LCF ne sme preseči 0,2.
The value of the LCF for all other transactions is 0.
Vrednost LCF za vse druge transakcije je enaka nič.
CRITERIA AND CONDITIONS GOVERNING THE APPLICATION OF A THIRD PARTY REPAYMENT GUARANTEE AND THE CLASSIFICATION OF MULTILATERAL OR REGIONAL INSTITUTIONS
MERILA IN POGOJI, KI UREJAJO UPORABO GARANCIJE VRAČILA TRETJE STRANI IN RAZVRŠČANJA MULTILATERALNIH ALI REGIONALNIH INSTITUCIJ
This Annex provides the criteria and conditions that govern the application of third party repayment guarantees, including the repayment guarantee of a classified multilateral or regional institution according to Article 24 e) of the Arrangement.
Ta priloga določa merila in pogoje, ki urejajo uporabo garancij vračila tretje strani, vključno z garancijo vračila razvrščene multilateralne ali regionalne institucije v skladu s členom 24(e) Sporazuma.
It also provides the criteria by which multilateral or regional institutions should be assessed when determining if an institution should be classified in connection with Article 28 of the Arrangement.
Določa tudi merila, po katerih je treba oceniti multilateralne ali regionalne institucije, kadar se sprejema odločitev, ali je treba institucijo razvrstiti v skladu s členom 28 Sporazuma.
Case 1:
Primer 1:
Guarantee for the Total Amount at Risk
Garancija za skupno vrednost tveganja
When security in the form of a repayment guarantee from an entity is provided for the total amount at risk (i.e. principal and interest), the applicable Country Risk Classification and Buyer Risk Category may be that of the guarantor when the following criteria are met:
Če subjekt zagotovi jamstvo v obliki garancije vračila za skupno vrednost tveganja (tj. glavnica in obresti), velja za razvrstitev države glede na njeno tveganje in kategorijo tveganja kupca razvrstitev garanta, če so izpolnjena naslednja merila:
The guarantee covers the entire duration of the credit.
garancija zajema ves čas trajanja kredita;
The guarantee is irrevocable, unconditional and available on-demand.
garancija je nepreklicna, brezpogojna in na voljo na zahtevo;
The guarantee is legally valid and capable of being enforced in the guarantor country's jurisdiction.
garancija je pravno veljavna in jo je mogoče izvrševati na območju pristojnosti države garanta;
The guarantor is creditworthy in relation to the size of the guaranteed debt.
garant je posojilno sposoben glede na velikost zajamčenega dolga;
The guarantor is subject to the monetary control and transfer regulations of the country in which it is located.
za garanta veljajo monetarni nadzor in transferni predpisi države, v kateri se nahaja.
For classified Multilateral or Regional Institutions acting as guarantors, the following criteria apply:
Za razvrščene multilateralne ali regionalne institucije, ki delujejo kot garanti, se uporabljajo naslednja merila:
The guarantor is legally committed for the total amount of the credit.
garant je pravno zavezan za celotni znesek kredita;
The repayments are made directly to the creditor.
vračila se plačajo neposredno upniku.
If the guarantor is a subsidiary/parent of the guaranteed entity, Participants shall, on a case-by-case basis, determine whether: (1) in consideration of the relationship between the subsidiary/parent and the degree of legal commitment of the parent, the subsidiary/parent is legally and financially independent and could fulfil its payment obligations; (2) the subsidiary/parent could be affected by local events/regulations or sovereign intervention; and (3) the Head Office would in the event of a default regard itself as being liable.
Če je garant hčerinsko/matično podjetje zajamčenega subjekta, udeleženke za vsak primer posebej ugotovijo: (1) ali je ob upoštevanju razmerja med hčerinsko/matično družbo in stopnjo pravne obveznosti matične družbe hčerinska/matična družba pravno in finančno neodvisna in lahko izpolni svoje plačilne obveznosti; (2) ali lahko na hčerinsko/matično družbo vplivajo lokalni dogodki/predpisi ali državno posredovanje in (3) ali bi bila v primeru neizpolnjevanja obveznosti za to odgovorna glavna uprava.
Case 2:
Primer 2:
Guarantee Limited in Amount
Garancija, ki je omejena na znesek
When security in the form of a repayment guarantee from an entity is provided for a limited amount at risk (i.e. principal and interest), the applicable Country Risk Classification and Buyer Risk Category may be that of the guarantor for the portion of the credit subject to the guarantee, providing that all other criteria listed under Case 1 are met.
Če subjekt zagotovi jamstvo v obliki garancije vračila za omejen znesek tveganja (tj. glavnica in obresti), velja za razvrstitev države glede na njeno tveganje in kategorijo tveganja kupca razvrstitev garanta, in sicer za delež kredita, za katerega velja garancija, če so izpolnjena vsa merila iz primera 1.
For the unguaranteed portion, the applicable Country Risk Classification and Buyer Risk Category is that of the obligor.
Za nezajamčen delež velja za razvrstitev države glede na njeno tveganje in kategorijo tveganja kupca razvrstitev dolžnika.
Classification of Multilateral or Regional Institutions
Razvrstitev multilateralnih ali regionalnih institucij
Multilateral and regional institutions shall be eligible for classification if the institution is generally exempt from the monetary control and transfer regulations of the country in which it is located.
Multilateralne in regionalne institucije se lahko razvrstijo, če je institucija na splošno izvzeta iz monetarnega nadzora in transfernih predpisov države, v kateri se nahaja.
Such institutions shall be classified in Country Risk Categories 0 through 7 on a case-by-case basis according to an assessment of the risk of each on its own merits and in consideration of whether:
Take institucije se za vsak primer posebej razvrstijo v kategorije tveganja države od 0 do 7 v skladu z oceno tveganja vsakega primera posebej in ob upoštevanju, ali:
the institution has statutory and financial independence;
je institucija zakonsko in finančno neodvisna;
all of the institution's assets are immune from nationalisation or confiscation;
vse premoženje institucije uživa imuniteto pred podržavljenjem ali zaplembo;
the institution has full freedom of transfer and conversion of funds;
ima institucija popolno svobodo glede prenosa in konverzije sredstev;
the institution is not subject to government intervention in the country where it is located;
za institucijo ne velja posredovanje vlade v državi, v kateri se nahaja;
the institution has tax immunity; and
institucija uživa davčno imuniteto, in
there is an obligation of all its Member countries to supply additional capital to meet the institution's obligations.
morajo vse njene države članice zagotoviti dodatni kapital za izpolnjevanje obveznosti institucije.
The assessment should also take into consideration the historical payment record in situations of country credit risks default either in the country where it is located or in a obligor’s country; and any other factors which may be deemed appropriate in the assessment process.
Pri tej oceni je treba v primerih neizpolnjevanja obveznosti kreditnih tveganj države v državi, v kateri se nahaja, ali v državi dolžnika upoštevati tudi plačilno evidenco iz preteklih let ter vse druge dejavnike, ki se med postopkom ocenjevanja zdijo primerni.
The list of classified multilateral and regional institutions is not closed and a Participant may nominate an institution for review according to the above-listed considerations.
Seznam razvrščenih multilateralnih in regionalnih institucij ni zaključen, pri čemer lahko udeleženka imenuje institucijo za pregled v skladu z zgoraj navedenimi premisleki.
The classifications of multilateral and regional institutions shall be made public by the Participants.
Udeleženke objavijo razvrstitev multilateralnih in regionalnih organizacij.
CRITERIA AND CONDITIONS GOVERNING THE APPLICATION OF COUNTRY RISK MITIGATION TECHNIQUES AND BUYER RISK CREDIT ENHANCEMENTS
MERILA IN POGOJI, KI UREJAJO UPORABO TEHNIK ZA ZMANJŠANJE TVEGANJA DRŽAVE IN IZBOLJŠAV KREDITNEGA TVEGANJA KUPCA
This Annex provides detail on the use of country risk mitigation techniques listed in Article 30 a) of the Arrangement and the buyer risk credit enhancements listed in Article 31 a) of the Arrangement; this includes the criteria, conditions and specific circumstances which apply to their use as well as the impact on the MPRs.
V tej prilogi so navedene podrobnosti o uporabi tehnik za zmanjšanje tveganja države iz člena 30(a) Sporazuma in izboljšav kreditnega tveganja kupca iz člena 31(a) Sporazuma, pri čemer te podrobnosti vključujejo merila, pogoje in posebne okoliščine, ki veljajo za njihovo uporabo, ter učinek na MPR.
A written document, such as a deed or a release or trustee arrangement, sealed and delivered to a third party, i.e. a person not party to the instrument, to be held by such third party until the fulfilment of certain conditions and then to be delivered by him to the other party to take effect.
Pisni dokument, kot je listina ali dokument o odstopu ali dogovor o skrbništvu, zapečaten in predložen tretji stranki, tj. osebi, ki ni stranka dokumenta, in je v posesti take tretje stranke, dokler niso izpolnjeni nekateri pogoji, potem pa ga ta stranka predloži drugi stranki za začetek veljavnosti.
If the following criteria are satisfied subject to consideration of the additional factors listed, this technique can reduce or eliminate the transfer risks, mainly in the higher risk country categories.
Če so ob upoštevanju dodatnih navedenih dejavnikov izpolnjena naslednja merila, se lahko s tako tehniko zmanjšajo ali odpravijo transferna tveganja, zlasti v višjih kategorijah tveganja države.
Criteria:
Merila:
The escrow account is related to a foreign exchange-earning project and the flows into the escrow account are generated by the project itself and/or by other offshore export receivables.
Založni račun je povezan s prihodki delovanja projekta v tuji valuti, pri čemer tokove v založni račun ustvarja projekt sam in/ali druge izvozne terjatve v tujini.
The escrow account is held offshore, i.e. located outside of the country of the project where there are very limited, transfer or other country risks (i.e. a country classified in Category 0).
Založni račun se nahaja v tujini, tj. zunaj države projekta, kjer so transferna ali druga tveganja države zelo omejena (tj. država je razvrščena v kategorijo 0).
The escrow account is located in a first class bank which is not directly or indirectly controlled by interests of the obligor or by the country of the obligor.
Odprt mora biti v prvovrstni banki, ki ni neposredno ali posredno kontrolirana s strani dolžnika ali organov njegove države.
The funding of the account is secured through long-term or other appropriate contracts.
Poravnavanje obveznosti z računa mora biti zavarovano z dolgoročnimi ali drugimi ustreznimi pogodbami.
The combination of the sources of revenues (i.e. generated by the project itself and/or the other sources) of the obligor flowing through the account are in hard currency and can reasonably be expected to be collectively sufficient for the service of the debt for the entire duration of the credit, and come from one or more creditworthy foreign customers located in better risk countries than the country in which the project is located (i.e. normally countries classified in Category 0).
Kombinacija virov prihodkov (tj. ki jih ustvari projekt sam in/ali drugi viri) dolžnika, ki pritekajo na račun, je v trdni valuti, pri čemer je upravičeno pričakovati, da bo kolektivno zadostna za servisiranje dolga za ves čas trajanja kredita, hkrati pa jih mora zagotoviti ena ali več posojilno sposobnih tujih strank, ki se nahajajo v državah s tveganjem, ki je manjše od tveganja v državi, v kateri se nahaja projekt (tj. običajno so to države, razvrščene v kategorijo 0).
The obligor irrevocably instructs the foreign customers to pay directly into the account (i.e. the payments are not forwarded through an account controlled by the obligor or through its country).
Dolžnik izda tujim strankam nepreklicno navodilo za vplačila neposredno na račun (tj. vplačila niso izvršena prek računa, ki ga nadzira dolžnik ali prek njegove države).
The funds which have to be kept within the account are equal to at least six months of debt service.
Sredstva na računu morajo zadoščati za vsaj šestmesečno servisiranje dolga.
Where flexible repayment terms are being applied under a project finance structure, an
Če se v primeru projektnega financiranja uporabljajo fleksibilnejši roki odplačevanja, mora znesek na računu zadoščati za dejansko šestmesečno servisiranje dolga pod takim
amount equivalent to the actual six months debt service under such flexible terms are to be kept within the account; this amount may vary over time depending on the debt service profile.
fleksibilnimi pogoji, pri čemer se lahko ta znesek sčasoma spreminja, odvisno od profila servisiranja dolga.
The obligor has restricted access to the account (i.e. only after payment of the debt service under the credit).
Dolžnik ima omejen dostop do računa (tj. le po plačilu servisiranja dolga).