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Frontier Clearing Corporation B.V. (“FCC” or “Frontclear”)

IATI Identifier: KE-RCO-155081-Frontclear

Published on IATI
  • date_range Dec 23, 2019 - Dec 23, 2034
  • autorenew Implementation (Status)

Frontclear mobilizes the funds from investors to issue guarantees against local currency collateral assets (e.g., treasury bonds) held by the financial institution (Obligors), to allow the financial institution to access liquidity in the money market by borrowing from other banks (Beneficiaries).

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Sectors:

  • Monetary institutions

Participating Organisations

Cardano Development BV Private Sector Implementing

Transaction

Transaction Value Provider
Receiver 		Type Date

Budget

1,981,457 USD
  • 1,530,866 GBP (Valued at Dec 23, 2019)
    date_range Dec 23, 2019 - Dec 21, 2020
access_time Updated on Apr 27, 2023 12:01:39