Global Debt Facility
Definition - What does Global Debt Facility mean?
A global debt facility is an intermediary that issues debt securities to people around the world. The funds can be assessed in either U.S. dollars or another country's currency. Student loan companies, such as Freddie Mac and Fannie Mae, are examples of global debt facilities.
Justipedia explains Global Debt Facility
There are legal requirements related to global debt facilities. These terms must be complied with by investors and there is a level of risk in investing in them, as they are debt securities as opposed to income-generating portfolios. A set investment can be earned on these facilities.
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