INDIRECT LOAN
Any loan transferred from a dealer that involves a third party. A buyer of indirect loans, called holder, is entitled to take principal and interest payments in due course. For instance, an indirect loan is an automobile loan extended to a customer at a dealership which is then bought by the third party at a discount. The third party in this example never met the borrower but is given the privilege to get payments from the loan.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
