External commercial borrowings (ecb)

ACS Parul Rawat (Entrepreneur | Corporate Law Advisor | Lawyer in Making | AIR-8)   (218 Points)

06 May 2017  
What is the meaning of Minimum Average Maturity Period under ECB? For Example: Minimum Average Maturity Period of ECB is 3 years. Does it mean that the ECB should be paid off in Minimum 3 Years or does it mean that the payment will be scheduled after 3 years?