I. Introduction: Corporation KT
KT was founded in 1981. after 1997, they reorganized their business structure from wire telephone centered structure to telecommunications and internet centered structure, and they expanded the telecommunications business. In 2002, they concentrated to construct high-speed internet. KT has building global network.
KT was the best telecommunication company in Kor
specifically between the parties of the contract.
According to ISDA in 1999, six types of credit events are defined: failure to pay, bankruptcy, obligation acceleration, obligation default, repudiation/moratorium of a nation, and restructuring.
Reference Assets are the assets being an object of credit events, and this is referred to as reference credits or underlying assets. On the basis of
mortgage)의 금리는 더 인상될 것으로 예상된다.
서브프라임 모기지는 간단하게 말해 신용도가 낮은 주택 임차인에게 대출해주는 것이다. 대출업자들은 초기 납입금을 최소화 시켜주거나 아예 면제해줌으로써 주택 임차인들에게 대출의 유인을 제공했고(providing teaser), 초기 변동금리저당대출 금리를
Monetary Control Act)
1> 모기지 이자율에 대한 규제 철폐
2> 주택을 담보로 하기만 하면 모기지 대출을 할 수 있도록 허용
1982년 대안모기지 거래 동등법(Alternative Mortgage Transaction Parity Act)
1> only 고정이자율 -> 변동이자율 가능
2> 처음 몇 년 동안은 원금을 한 푼도 상환하지 않고 이자만 내는 방식 가능
facts would have altered the ‘total mix’ of information available to the investor.” Thus, a matter is generally thought of as “material” if a prudent investor would reasonably want to know about it. Size of the company could be relevant. And other factors such as compliance with regulatory requirements or concealment of an unlawful act could and should be brought into considerations.