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BANKING INSTRUMENTS

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BANKING INSTRUMENTS

SBLC/FRESH CUT

MTN-MEDIUM TERM NOTE

BANK GUARANTEE-BG

What Is an SBLC and How It Works

A Standby Letter of Credit (SBLC) is an international banking instrument issued by a licensed bank as a financial guarantee. It ensures that if a client fails to meet a contractual or financial obligation, the issuing bank will pay the beneficiary. SBLCs operate under ICC URDG 758 and ISP98, making them one of the most trusted forms of global credit enhancement.

Only regulated banks—particularly Tier-1 institutions such as HSBC, Barclays, Standard Chartered, UBS, DBS, and other major commercial banks—are authorized to issue genuine SBLCs through the SWIFT MT760 system. Brokers or private individuals cannot issue SBLCs.

Once issued, an SBLC can be monetized or discounted by licensed banks, financial institutions, or regulated trading platforms. Monetization converts the SBLC into immediate liquidity based on a Loan-to-Value (LTV) ratio, typically between 60% and 80%, depending on the issuing bank’s strength and compliance standing. The instrument can then be deployed into structured trading programs or used as collateral for financing.

The ability to discount an SBLC depends on several key factors:
• The credit rating and tier level of the issuing bank
• Full SWIFT transmission (MT799/MT760)
• Complete KYC/AML clearance
• A valid monetization or trade agreement with the receiving bank or platform

In global finance, SBLCs serve as a powerful tool for credit enhancement, structured trading, and international project funding. At Dawn Jon Inc., we work only with verified banking partners and licensed platforms, ensuring that all SBLC-related processes remain secure, compliant, and fully aligned with international financial regulations

BANK GUARANTEE-BG

MTN-MEDIUM TERM NOTE

BANK GUARANTEE-BG

What Is a Bank Guarantee (BG) and Its Usage

A Bank Guarantee (BG) is a formal financial assurance issued by a licensed bank confirming that the bank will fulfill a client’s financial obligation if the client fails to do so. It serves as a powerful risk-mitigation instrument in international finance and contract performance. BGs operate under ICC URDG 758, making them globally accepted, secure, and legally enforceable.

A BG is not a loan or a cash instrument; it is a payment guarantee that enhances the client’s financial credibility. Only regulated banks can issue BGs through official SWIFT channels, most commonly via MT760.

Usage of a Bank Guarantee (BG):
• Securing large commercial contracts, tenders, and supply agreements
• Providing assurance in international trade and project financing
• Enhancing the creditworthiness of corporations for borrowing or funding
• Acting as collateral for credit lines, loans, or structured finance arrangements
• Supporting participation in private placement or structured trading programs through monetization

A BG can be monetized by qualified banks or licensed financial institutions, allowing the holder to convert the instrument into usable liquidity at an agreed Loan-to-Value (LTV). Monetized BGs are often used in regulated structured trading programs similar to SBLC-backed strategies.

At Dawn Jon Inc., we work exclusively with Tier-1 banks, regulated platforms, and verified counterparties, ensuring that every BG process—from issuance to usage—is fully compliant, secure, and aligned with international financial standards.

MTN-MEDIUM TERM NOTE

MTN-MEDIUM TERM NOTE

MTN-MEDIUM TERM NOTE

What Is an MTN and Its Usage

A Medium Term Note (MTN) is a negotiable debt instrument issued by a corporation, financial institution, or government entity to raise capital for a fixed period, typically ranging from 1 to 10 years. MTNs are issued under an established Euro Medium Term Note (EMTN) program and traded in the global capital markets as interest-bearing securities.

Unlike SBLCs or BGs, which are guarantees, an MTN is a tradable financial asset with a defined coupon rate, maturity date, and repayment obligation. MTNs are widely used in structured finance, institutional investment, and private placement transactions due to their stability, liquidity, and international acceptance.

Usage of MTNs:
• Raising medium- to long-term financing for corporations and governments
• Supporting balance-sheet structuring and credit enhancement
• Securing institutional investment through fixed-interest returns
• Serving as collateral in structured finance transactions
• Participating in buy/sell trade programs under pre-contracted arrangements
• Leveraging MTN portfolios for credit lines, refinancing, and monetization

In the private financial market, MTNs are often used as “investment-grade instruments” that can be monetized or traded through regulated platforms and licensed desks, providing predictable yields and secure capital cycles.

At Dawn Jon Inc., we work only with verified EMTN programs, regulated custodians, and approved trading platforms, ensuring that all MTN-related processes remain compliant, transparent, and aligned with international financial-market standards.

MTN-MEDIUM TERM NOTE

SBLC – Frequently Asked Questions (FAQ)

1. What is an SBLC?

A Standby Letter of Credit (SBLC) is a bank-issued financial guarantee ensuring payment if a client fails to meet a financial or contractual obligation.

2. Who can issue an SBLC?

Only licensed and regulated banks can issue SBLCs through the SWIFT system, typically via MT760.

3. Is an SBLC the same as a loan?

No. An SBLC is not cash and not a loan. It is a guarantee that supports a client’s creditworthiness.

4. What is the purpose of using an SBLC?

It is used for contract security, project financing, credit enhancement, collateralization, and participation in structured trading programs.

5. What is the difference between an SBLC and a BG?

An SBLC is generally used for financial obligations, while a Bank Guarantee (BG) is more commonly used for performance, tenders, and commercial commitments. Both are governed by ICC rules.

6. How is an SBLC transmitted?

Through the international banking network using SWIFT MT799 (pre-advice) and MT760 (issuance).

7. Can an SBLC be monetized?

Yes. Monetizing banks or licensed financial institutions can convert the SBLC into liquidity based on an agreed Loan-to-Value (LTV), usually 60–80%.

8. What determines the monetization value?

The issuing bank’s rating, the instrument wording, compliance clearance, and the monetizer’s internal risk policies.

9. How long is an SBLC valid?

Normally 1 year + 1 day, unless stated otherwise in the contract.

10. Can anyone issue an SBLC?

No. Only regulated banks can issue an SBLC. Brokers or private entities cannot issue real instruments.

11. What is required to receive an SBLC?

A valid contract, full KYC/AML documentation, bank compliance approval, and in many cases, proof of financial capability.

12. What happens if the client defaults?

The issuing bank pays the beneficiary according to the terms of the SBLC.

13. Is an SBLC safe to use?

Yes. When issued by a reputable bank and verified via SWIFT, it is a secure and globally accepted financial instrument.

14. Can an SBLC be used in trading programs?

Yes. Many structured finance and private placement programs use SBLCs as collateral for high-grade trading operations.

15. How do I verify an SBLC?

The receiving bank verifies authenticity directly through SWIFT and checks the instrument details, signatures, and bank officer confirmation.

Bank Guarantee (BG) – Frequently Asked Questions (FAQ)

1. What is a Bank Guarantee (BG)?

A Bank Guarantee is a formal financial assurance issued by a licensed bank confirming it will pay the beneficiary if the client fails to fulfil a contractual or financial obligation.

2. Who can issue a BG?

Only regulated banks can issue genuine BGs through the SWIFT system, typically via MT760.

3. What is a BG used for?

BGs are widely used in international trade, project financing, tenders, commodity contracts, credit enhancement, and as collateral in structured finance.

4. Is a BG the same as an SBLC?

Both are guarantees, but an SBLC covers financial obligations, while a BG is often used for performance or contract-related security. Both are governed under ICC URDG 758.

5. How is a BG transmitted?

Through the global banking network using SWIFT MT799 (pre-advice) and MT760 (issuance).

6. Can a BG be monetized?

Yes. Approved banks and regulated financial institutions can discount or monetize BGs at an agreed Loan-to-Value (LTV), generally between 60–80%.

7. What determines the monetization amount?

The issuing bank’s rating, wording of the instrument, compliance checks, and the monetizer’s internal policies.

8. What are the types of BGs?

Common types include Performance Guarantees, Financial Guarantees, Advance Payment Guarantees, and Bid/Tender Guarantees.

9. How long is a BG valid?

Most BGs are issued for 1 year, unless the underlying contract specifies a different validity period.

10. Can a BG be used as collateral?

Yes. BGs are often used as collateral for credit lines, project financing, and structured trading programs.

11. What is required to obtain a BG?

A valid contract, full KYC/AML documentation, and the client’s financial capability approval by the issuing bank.

12. Is a BG a loan?

No. A BG is not cash and not a loan; it is a guarantee of payment or performance.

13. Who verifies a BG?

The receiving bank verifies authenticity directly through SWIFT and confirms the issuing bank’s responsibility.

14. Can individuals issue or sell BGs?

No. Only licensed banks can issue BGs. Private individuals, brokers, or unlicensed entities cannot create real bank guarantees.

15. Is a BG safe?

Yes. When issued, transmitted, and verified through proper banking channels, a BG is a secure and globally recognized financial instrument.

Medium Term Note (MTN) – Frequently Asked Questions (FAQ)

1. What is an MTN?

A Medium Term Note (MTN) is a negotiable debt instrument issued by a government, corporation, or financial institution to raise capital for a fixed period, typically between 1 to 10 years.

2. Is an MTN the same as a bond?

MTNs are similar to bonds but offer greater flexibility in issuance schedules, maturity periods, and interest structures. MTNs are issued under an EMTN (Euro Medium Term Note) program.

3. Who issues MTNs?

Governments, top-tier corporations, and regulated financial institutions issue MTNs through international capital markets.

4. What is the purpose of MTNs?

MTNs are used for medium- to long-term capital raising, corporate financing, infrastructure projects, refinancing, and structured investment strategies.

5. Are MTNs tradable?

Yes. MTNs are negotiable instruments and can be traded in the secondary market, bought, sold, or pledged as collateral.

6. Can MTNs be monetized?

Yes. Licensed banks, custodians, and regulated financial institutions can monetize MTNs by providing credit lines or liquidity against the instrument.

7. What determines MTN monetization value?

Factors include issuer rating, coupon rate, maturity, market demand, custodial verification, and compliance clearance.

8. Is an MTN backed by cash?

No. An MTN is a debt obligation backed by the creditworthiness of the issuing entity, not a cash deposit.

9. How are MTNs delivered?

Delivery is done through regulated custodial systems such as Euroclear, Clearstream, or DTC, ensuring full transparency and verification.

10. What is the difference between MTNs and SBLCs/BGs?

MTNs are debt securities, while SBLCs and BGs are guarantee instruments. MTNs pay interest; SBLCs/BGs secure performance or payment.

11. Can individuals trade MTNs?

No. MTN trading is restricted to institutional investors, licensed intermediaries, and qualified financial entities.

12. Are MTNs safe?

MTNs issued by reputable institutions and held in regulated custodial accounts are considered secure investment-grade instruments.

13. What is required to purchase or use MTNs?

Full compliance (KYC/AML), proof of funds, and approval from the issuing or selling institution.

14. Can MTNs be used in private placement programs?

Yes. MTNs are one of the primary instruments used in structured buy/sell trade programs.

15. How do I verify an MTN?

Verification occurs through custody systems (Euroclear/Clearstream), bank-to-bank communication, and official trade confirmations.

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