Bonds Monetization Details
We will consider any type of bond, if on Euroclear and/or DTC and Free Delivery. The bond should be “A” or better rated by S&P, Moody’s, Finch etc. with ISIN/CUSIP numbers. In the case of some bonds, the total face value will not be used. One bond at a a time, please.
Venezuela Bonds and LTN's are accepted. No Mexican Bonds will be accepted by this program.
The bond must be delivered on DTC or Euroclear to Citibank, NY, with T-3 Settlement, only.
Option 1: TRADE
- 72 hours after delivery, client is paid 5%
- +7 additional banking days, client is paid 200%
- Instrument is blocked for 90 days, then returned to client, unencumbered
Option 2: SELL
- Buyer is currently purchasing bonds for $0.30 to $0.50 on the dollar ($1)
Option 3: LOAN
- Loan is 30% LTV @ 2 Points over LIBOR
- 3 days to monetize instrument; instrument returned when loan is paid back
Need: CIS, Front and Back Copy of Bond, Euroclear and DTC information.
We can take all or a portion of the sell profit and loan into our managed buy/sell to create an additional weekly profit or to repay the loan.
REMEMBER: Ultimately, all bonds, except the Mexican Bonds, will need to be physically delivered by bank bonded courier to the Officer of the Foundation handling the recovery or to Lawyers in Washington, D.C. who are acting for the Foundation recovering these Bonds. The Mexican Bonds go to Credit Suisse, Zurich, Switzerland.
Once you have had copies of a particular bond or bonds approved, then please ask the client to submit completed compliance forms.
Please, DO NOT send third party packages, and do not stack documents in one .pdf file. All documents MUST be sent as separate files. Use a .zip file.
*NOTES*:-
• ANY SCHEDULES OF BONDS MUST BE IN WORD FORMAT.
• NO TRANSLATIONS OF BONDS WILL BE NECESSARY
• CLIENTS WILL NEED TO BE PATIENT, AS THE NUMBER OF APPLICATIONS WILL BE NUMEROUS AND HAVE TO BE PROCESSED. SO, IF THE CLIENTS OR BROKERS CANNOT WAIT AND HAVE A BUYER WILLING TO PAY FOR THEIR BONDS, THEY SHOULD PURSUE THIS AVENUE.
• THIS OPPORTUNITY DOES NOT INVOLVE SELLING THE BONDS, BUT USING THEM FOR CREDIT ENHANCEMENT. (i.e. Trade)
• IF ACCOUNT OPENING SERVICES ARE REQUIRED, DUE TO THE LARGE AMOUNTS INVOLVED, THEN WE CAN ARRANGE THIS.
Documents List:-
CIS
Board Resolution Copy
Initial Letter of Interest & Exclusive Request of Service
Letter of Cease & Desist Confirmation
Asset/Funds Ownership Declaration
Non Solicitation Letter
Authorization To Verify & Authenticate
Funds Attestation
Affidavit of Funds History
Letter of Exclusivity
Request For Information & Assistance
Letter Of Confirmation
Indemnification & Attestation
Irrevocable Authorisation Letter
Process:-
Client Submit Full Compliance Along With Irrevocable Authorisation Letter.
We do due dilligence.Due Dilligence will take 72-96 hours.
We issues Unconditional Offer Letter.
Client sends Offer Acceptance Letter & NCNDA.
Agreement or MOU will be done.
Payment will be done via D.D./RTGS/SWIFT MT 103/Bankers Cheque.
Venezuela Bonds and LTN's are accepted. No Mexican Bonds will be accepted by this program.
The bond must be delivered on DTC or Euroclear to Citibank, NY, with T-3 Settlement, only.
Option 1: TRADE
- 72 hours after delivery, client is paid 5%
- +7 additional banking days, client is paid 200%
- Instrument is blocked for 90 days, then returned to client, unencumbered
Option 2: SELL
- Buyer is currently purchasing bonds for $0.30 to $0.50 on the dollar ($1)
Option 3: LOAN
- Loan is 30% LTV @ 2 Points over LIBOR
- 3 days to monetize instrument; instrument returned when loan is paid back
Need: CIS, Front and Back Copy of Bond, Euroclear and DTC information.
We can take all or a portion of the sell profit and loan into our managed buy/sell to create an additional weekly profit or to repay the loan.
REMEMBER: Ultimately, all bonds, except the Mexican Bonds, will need to be physically delivered by bank bonded courier to the Officer of the Foundation handling the recovery or to Lawyers in Washington, D.C. who are acting for the Foundation recovering these Bonds. The Mexican Bonds go to Credit Suisse, Zurich, Switzerland.
Once you have had copies of a particular bond or bonds approved, then please ask the client to submit completed compliance forms.
Please, DO NOT send third party packages, and do not stack documents in one .pdf file. All documents MUST be sent as separate files. Use a .zip file.
*NOTES*:-
• ANY SCHEDULES OF BONDS MUST BE IN WORD FORMAT.
• NO TRANSLATIONS OF BONDS WILL BE NECESSARY
• CLIENTS WILL NEED TO BE PATIENT, AS THE NUMBER OF APPLICATIONS WILL BE NUMEROUS AND HAVE TO BE PROCESSED. SO, IF THE CLIENTS OR BROKERS CANNOT WAIT AND HAVE A BUYER WILLING TO PAY FOR THEIR BONDS, THEY SHOULD PURSUE THIS AVENUE.
• THIS OPPORTUNITY DOES NOT INVOLVE SELLING THE BONDS, BUT USING THEM FOR CREDIT ENHANCEMENT. (i.e. Trade)
• IF ACCOUNT OPENING SERVICES ARE REQUIRED, DUE TO THE LARGE AMOUNTS INVOLVED, THEN WE CAN ARRANGE THIS.
Documents List:-
CIS
Board Resolution Copy
Initial Letter of Interest & Exclusive Request of Service
Letter of Cease & Desist Confirmation
Asset/Funds Ownership Declaration
Non Solicitation Letter
Authorization To Verify & Authenticate
Funds Attestation
Affidavit of Funds History
Letter of Exclusivity
Request For Information & Assistance
Letter Of Confirmation
Indemnification & Attestation
Irrevocable Authorisation Letter
Process:-
Client Submit Full Compliance Along With Irrevocable Authorisation Letter.
We do due dilligence.Due Dilligence will take 72-96 hours.
We issues Unconditional Offer Letter.
Client sends Offer Acceptance Letter & NCNDA.
Agreement or MOU will be done.
Payment will be done via D.D./RTGS/SWIFT MT 103/Bankers Cheque.