A coded pre-activation record representing a proposed future financing commitment. At this stage £0 has been paid and £0 interest accrues.
A future funded debt instrument that would arise only after lawful activation, acceptance of final terms, required checks and receipt of money.
A coded participant identifier. It is distinct from the Bond ID and from any future identity/compliance record.
The unique identifier assigned to a particular latent bond record and used for public coded verification.
A unique reference for the creation of the latent record and, in a production system, relevant later transaction events.
The stated future bond amount selected for the latent record. During latency it is not cash received, invested principal, a bank balance or accrued income.
The future controlled process by which an eligible latent record could become a funded bond after all required conditions are met.
A separate question from bond ownership. Purchasing or holding a bond does not itself create, transfer or establish entitlement to reparations.
A person or entity permitted to participate under the final legal, regulatory, geographical and contractual rules. The model is not conceptually restricted to reparations beneficiaries.
Whether the funded bond bears interest or another permitted return; rate or calculation method; start date; payment dates; compounding, if any.
When principal becomes repayable, whether early redemption exists, and what revenues may lawfully service the obligation.
Whether a funded bond can be sold, assigned, gifted or otherwise transferred, and how the register records ownership changes.
What constitutes default, available remedies, ranking of claims and the consequences of insufficient reparations or other designated revenues.
When a latent record can be cancelled, by whom, and whether cancellation extinguishes only the latent record rather than any reparations right.
How death, incapacity, corporate dissolution or other succession events affect coded records and eventual funded rights.