Bankers Acceptance Outstanding
Bankers Acceptance Outstanding is not a financial metric for a company, but rather a measure of a country's overall economic performance. It refers to the total value of bankers' acceptances that have been issued and are outstanding within a country's financial system. Bankers' acceptances are short-term debt instruments that are issued by banks and are used by businesses to finance international trade transactions. By issuing bankers' acceptances, banks essentially guarantee payment for goods or services, which helps to facilitate international trade. Therefore, the level of bankers' acceptances outstanding within a country's financial system can be seen as an indicator of economic activity and the level of international trade taking place.
Additional Details
| Metric Name |
Type |
Default Period Type |
| bankers_acceptances |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |