Revolving Underwriting Facility

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Note Issuance Facility NIF Short-Term Borrowing Eurocurrency Markets Euronotes Revolving Underwriting Facility

A Note Issuance Facility (NIF) is a financial arrangement that enables short-term borrowers in the eurocurrency markets to issue euronotes with maturities of less than one year on a rolling basis. This facility provides an efficient, flexible way to manage short-term funding needs without the need for separate borrowing arrangements each time funds are required.