Interest Rate Conundrums in the Twenty-First Century
... To match the low-frequency decoupling between short- and long-term interest rates, our second key assumption is that capital is slow-moving as in Duffie (2010): the previously mentioned supply shocks encounter a short-run demand curve that is a good deal steeper than the long-run demand curve. This ...
... To match the low-frequency decoupling between short- and long-term interest rates, our second key assumption is that capital is slow-moving as in Duffie (2010): the previously mentioned supply shocks encounter a short-run demand curve that is a good deal steeper than the long-run demand curve. This ...
Money Market Funds - Fort Pitt Capital Group
... Under normal market conditions, Tax Free Obligations Fund invests at least 80% of its total assets in high-quality, short-term municipal securities that pay interest that is exempt from federal income tax, including the federal alternative minimum tax. The municipal securities in which the fund inve ...
... Under normal market conditions, Tax Free Obligations Fund invests at least 80% of its total assets in high-quality, short-term municipal securities that pay interest that is exempt from federal income tax, including the federal alternative minimum tax. The municipal securities in which the fund inve ...
2017 prospectus
... the extent that Authorized Participants exit the business or are unable to proceed with creation and/or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares sectio ...
... the extent that Authorized Participants exit the business or are unable to proceed with creation and/or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares sectio ...
A Critical Comparison of cash- and asset-based Microcredit
... technologies, see figure 1 in appendix, there remains concern regarding the affordability of these products for those below-poverty-line, defined by the World Bank (2015) as under USD$1.90 a day. This paper will provide a theoretical case for a shift in emphasis from traditional microcredit to a mo ...
... technologies, see figure 1 in appendix, there remains concern regarding the affordability of these products for those below-poverty-line, defined by the World Bank (2015) as under USD$1.90 a day. This paper will provide a theoretical case for a shift in emphasis from traditional microcredit to a mo ...
Model Investment Law Draft
... “Affiliate” means, as to any person, another person that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with the person. ...
... “Affiliate” means, as to any person, another person that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with the person. ...
SAN DIEGO CITY EMPLOYEES` RETIREMENT SYSTEM
... Internal Controls. SDCERS has established and maintains a framework of internal controls to provide reasonable assurance that assets are properly safeguarded, transactions are properly executed, and the financial statements are free from material misstatement. However, we recognize that even sound i ...
... Internal Controls. SDCERS has established and maintains a framework of internal controls to provide reasonable assurance that assets are properly safeguarded, transactions are properly executed, and the financial statements are free from material misstatement. However, we recognize that even sound i ...
Cash Conversion Cycle and Firms` Profitability – A
... liquidity management and performance of a company. Gentry et al. (1990) suggested that cash conversion cycle affects the market value of a firm. Lamberson (1991) suggested, during expansion in economics, liquidity increases to some extent by working capital management but there is no noticeable chan ...
... liquidity management and performance of a company. Gentry et al. (1990) suggested that cash conversion cycle affects the market value of a firm. Lamberson (1991) suggested, during expansion in economics, liquidity increases to some extent by working capital management but there is no noticeable chan ...
Funding Strategies of Sovereign Debt Management: A Risk
... Market risk can be evaluated with a variety of deterministic and stochastic indicators. The most widely used indicator is the Macaulay duration, which corresponds to the weighted average time to maturity of the portfolio. For fixed-rate instruments, it measures how long it takes for coupon and princ ...
... Market risk can be evaluated with a variety of deterministic and stochastic indicators. The most widely used indicator is the Macaulay duration, which corresponds to the weighted average time to maturity of the portfolio. For fixed-rate instruments, it measures how long it takes for coupon and princ ...
LBO General Discussion
... • PIK notes are fixed-income securities that pay interest in the form of additional bonds rather than cash. Like zero-coupon bonds, they give a company breathing room before having to make cash outlays, offering in return rich yields. • Example: In 2005, Wornick Co., a Cincinnati supplier of package ...
... • PIK notes are fixed-income securities that pay interest in the form of additional bonds rather than cash. Like zero-coupon bonds, they give a company breathing room before having to make cash outlays, offering in return rich yields. • Example: In 2005, Wornick Co., a Cincinnati supplier of package ...
Financial Results for the year ended 30 June 2014
... closely approximate normalised results with the actual win rate experienced over the last 7 years, Echo will adopt a simplified approach to the reporting of international VIP Rebate revenues for future reporting periods. The new approach will adopt real turnover measures (including bets placed where ...
... closely approximate normalised results with the actual win rate experienced over the last 7 years, Echo will adopt a simplified approach to the reporting of international VIP Rebate revenues for future reporting periods. The new approach will adopt real turnover measures (including bets placed where ...
Firm Dynamics and Financial Development
... robustness of the results, we also include in the investigation measures that control for the two other leading theories for firm dynamics, which are based on selection mechanisms and mean reversion in the accumulation of factors of production. We find that even after introducing these controls, fin ...
... robustness of the results, we also include in the investigation measures that control for the two other leading theories for firm dynamics, which are based on selection mechanisms and mean reversion in the accumulation of factors of production. We find that even after introducing these controls, fin ...
Who We Are and What We Do
... turnover. Trading of futures and options was also robust, with a total of 16.2 million contracts traded, 37% higher than the year before. ...
... turnover. Trading of futures and options was also robust, with a total of 16.2 million contracts traded, 37% higher than the year before. ...
Form 10-K GENERAL ELECTRIC CAPITAL SERVICES INC/CT
... segments are provided in the Segment Operations section in Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in Note 20 to the consolidated financial statements in Part II, Item 8. “Financial Statements and Supplementary Data” of this Form 1 ...
... segments are provided in the Segment Operations section in Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in Note 20 to the consolidated financial statements in Part II, Item 8. “Financial Statements and Supplementary Data” of this Form 1 ...
detailed assessment report of lbtr, sistema de liquidación bruta en
... issue impacts negatively settlement finality, and could have potential repercussions on credit and settlement risk. As for collateral in general and for the provision of liquidity into the Sistema LBTR in particular, the lack of express recognition of enforceability of repos might also jeopardize th ...
... issue impacts negatively settlement finality, and could have potential repercussions on credit and settlement risk. As for collateral in general and for the provision of liquidity into the Sistema LBTR in particular, the lack of express recognition of enforceability of repos might also jeopardize th ...
In-substance purchases/sales
... existing standards include contracts that convey a right-to-use the leased item. Purchase/sale transactions are outside the scope of the existing lease accounting standards. This is the case even when payment for the purchased/sold asset is deferred. However, contracts that are economically similar ...
... existing standards include contracts that convey a right-to-use the leased item. Purchase/sale transactions are outside the scope of the existing lease accounting standards. This is the case even when payment for the purchased/sold asset is deferred. However, contracts that are economically similar ...
4E: Financial Instruments: Accounting for Financial Instruments
... by another entity. Often, US preparers viewed the ‘bad book’ as individually impaired assets (similar to a SFAS 114 notion). Most believed that the boards would have to refine this definition, but many did not support a ‘bright line’ in determining ’bad book’ classification. For example, an entity m ...
... by another entity. Often, US preparers viewed the ‘bad book’ as individually impaired assets (similar to a SFAS 114 notion). Most believed that the boards would have to refine this definition, but many did not support a ‘bright line’ in determining ’bad book’ classification. For example, an entity m ...
Español - Investor Relations Solutions
... Preguntas y respuestas : No hay lugar como el hogar… Aún 3 Estudios de caso 5 Preguntas y respuestas : No hay una tienda mejor que Lowe’s 12 Preguntas y respuestas : La búsqueda del crecimiento rentable 15 ...
... Preguntas y respuestas : No hay lugar como el hogar… Aún 3 Estudios de caso 5 Preguntas y respuestas : No hay una tienda mejor que Lowe’s 12 Preguntas y respuestas : La búsqueda del crecimiento rentable 15 ...
