Sentences with phrase «swap rates from»

Not exact matches

More than US$ 500 trillion worth of contracts — everything from swaps and futures contracts, to home mortgages and student loans — were priced using LIBOR rates last year.

Represents loss on early extinguishment of debt and non-cash interest expense related to losses reclassified from accumulated other comprehensive income (loss) into interest expense in connection with interest rate swaps settled in May 2015.

Assuming a 35 percent tax rate on corporate capital gains, the swap could save Berkshire more than $ 1 billion, on top of tax savings from two similar transactions earlier this year.

In one paper he co-wrote in the spring of 2002, just months after he joined Goldman Sachs to lead its effort to win investment banking business from European governments, Mr. Draghi argued that governments might use financial derivatives like interest rate swaps «to stabilize tax revenue and avoid the sudden accumulation of debt.»

«Secretary of the Treasury Timothy Geithner and predecessor Hank Paulson said they didn't bail out AIG to save its derivatives counterparties» from bad credit default swap contracts because if it would have asked these counterparties to «take a haircut,» credit - ratings agencies would have downgraded AIG.

The odds of a September rate cut have risen to 31 percent from 18 percent a week ago based on trading in swaps markets.

I have used a fall in exports to show how constrained Beijing's policy choices are, but I could just have easily done the same using as an example any change in the currency regime, the reform of the hukou system, the de-industrialization of the bankrupt northeast provinces, the development of the OBOR and Silk Road projects, changes in interest rates or minimum reserves, protecting the stock market from crashing, the provincial bond swaps, changes in the tax regime, improving energy and environmental policies, and so on.

We went from > 80 % implied odds of rate cut next week in overnight index swaps to just above 40 % in about an hour.

The Company may enter into fair value hedges, such as interest rate swaps, to reduce the exposure of its debt portfolio to changes in fair value resulting from changes in interest rates by achieving a primarily U.S. dollar LIBOR - based floating interest expense.

On Sept. 19, following PDVSA's initial proposal, Standard & Poor's lowered the company's credit rating to CC from CCC, calling the one - for - one swap offer a «distressed exchange.»

The odds of a rate hike at the Bank of Canada's next meeting on Jan. 17 soared to 70 per cent, from 40 per cent yesterday, based on trading in the swaps market.

The probability of an interest - rate hike by the central bank at its meeting next week slipped to 71 per cent Wednesday from 87 per cent the day before, swaps pricing indicated.

Chances of a rate hike in January fell to 28 per cent from 41 per cent before the announcement, the overnight index swaps market indicated.

Eisenkraft is also involved in the Interest Rate Swaps Antitrust Litigation where he is the court - appointed co-lead counsel in an action that alleges that Wall Street investment banks conspired to prevent an alternative market for interest rate swaps from developRate Swaps Antitrust Litigation where he is the court - appointed co-lead counsel in an action that alleges that Wall Street investment banks conspired to prevent an alternative market for interest rate swaps from develoSwaps Antitrust Litigation where he is the court - appointed co-lead counsel in an action that alleges that Wall Street investment banks conspired to prevent an alternative market for interest rate swaps from developrate swaps from develoswaps from developing.

Its interest rate products range from vanilla swaps to structured products and hybrid derivatives.

Because she didn't say no, she ended up not just with a five year loan from the bank but what they call an interest - rate dual amortising swap product, for ten years.

Absent the FDIC and Federal Reserve, banks would substitute a good credit rating and high capitalization for «insurance» or credit default swaps, because that will enable them to take cash loans from other banks to meet cash shortfalls, and ideally to prevent withdrawals in the first place.

A one - year sampling of seafood from grocery stores showed similar rates of mislabeling, which suggests that the fish swap could be occurring earlier in the selling process.

In interest rate swaps, there is swapping of only interest related cash flows between the parties, in the same currency, but in currency swaps, both principal and interest related cash flows are swapped and the currency of cash flows in one direction is different from the currency of the cash flow in the other direction.

So long as auction rate securities continued to reprice at low rates, they maintained low «fixed» funding costs from their swapped auction rate securities.

Interest Rate Swaps If you have a floating rate loan, entering into a swap will fix your rate and protect you from future increaRate Swaps If you have a floating rate loan, entering into a swap will fix your rate and protect you from future increarate loan, entering into a swap will fix your rate and protect you from future increarate and protect you from future increases.

The SIFMA Municipal Swap Index rate (an index of 7 - day average maturity) spiked significantly from 44 basis points to 87 basis points as of October 5.

Swapping into a higher - rated bond (say, from a Baa to an Aa bond) may be a relatively easy way to gain greater confidence that your bond investment will have a higher probability of being repaid, in exchange for a lower yield.

It's also important to make sure that the new bond investment you choose has at least two different features (for example, maturity, issuer and coupon rate) from the original bond you're swapping in order to avoid a «wash sale,» which would prevent you from claiming the loss.

The following instruments are excluded from the Index: structured notes with embedded swaps or other special features; private placements; floating rate securities; and Eurobonds.

A quality swap is a type of swap where you are looking to move from a bond with a lower credit quality rating to one with a higher credit rating or vice versa.

Excluded from the Index are non-corporate bonds, structured notes with embedded swaps or other special features, bonds with equity - type features (e.g., warrants, convertibility), floating - rate issues, Eurobonds, defaulted bonds, zero coupon bonds and payment in kind securities.

ABC benefits from the swap if rates rise significantly over the next five years.

Since short - and intermediate - term TIPS, as well as the floating - rate loans and the ABS / CMBS swapped for CPI, receive the same inflation adjustment as other, longer - dated inflation - linked securities, they may be able to provide similar protection from inflation, but with less interest rate risk.

LCH.Clearnet, the result of a merger between the London Clearing House and Clearnet, acts as a CCP for a wide variety of financial products, from equities and commodities to credit default swaps and interest rate swaps.

Cross currency swaps are entered into to hedge the variability in cash flows resulting from fluctuations in foreign currency rates.

We generally provided credit default swap protection on the most senior liabilities of structured finance transactions, and at inception of the contract our exposure generally had more subordination than needed to achieve triple - A ratings from credit rating agencies (referred to as «Super Triple - A» exposure).

The Company generally provided credit default swap protection on the most senior liabilities of structured finance transactions, and at inception of the contract its exposure generally has more subordination than needed to achieve triple - A ratings from credit rating agencies (referred to as «Super Triple - A» exposure).

Accounting rules require proper recording of potential gains or losses from interest rate swaps.

In a fair value hedge, a business swaps its original fixed - rate interest payments for variable - rate interest payments from another party.

A fair value hedge lets a business offset potential gains or losses on its fixed - rate liability with gains or losses on the variable - rate liability swapped from a counterparty.

Structured notes with embedded swaps or other special features, as well as private placements, floating - rate securities, and Eurobonds are excluded from the Index.

We also employ sector, credit, and yield curve analysis designed to benefit portfolios from rate shifts and spread changes without resorting to excessive swapping to capture tiny price fluctuations.

Further, the Fed's long - term interest rate policy has pushed the 10 - year swap rate below 3 percent, increasing the monthly benefits received from a reverse mortgage (Figure 1).

Aims to provide income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns, and also fixed rate instruments and money market instruments.

The most common type is an interest - rate swap, in which one party agrees to pay a fixed interest rate in return for receiving a floating rate from another party.

John is currently advising a SME in relation to its efforts to extricate itself from an interest rate swap agreement which it was obliged to enter into by its bank.

Major global banks and brokers may have already paid in the region of $ 20 billion of fines and litigation expenses for Libor and forex rigging but the pay outs are set to increase from a rising tide of legal claims in relation to these offences and the manipulation of indices such as ISDAFix, the global benchmark for fixed interest rate swaps.

The low interest rates that prevailed from the end of 2008 onwards resulted in PAG having to make significant regular payments to RBS under the swaps.

In this webcast, we explore the legal impacts arising from central banks pursuing negative interest rate policies, in particular, on loan agreements and swaps, and the..

Successfully representing a subsidiary of the Co-operative Bank in the Court of Appeal regarding the potential recovery of the costs of breaking an interest rate swap agreement from a negligent valuation surveyor.

Representing a European Bank over many years in a series of interbank disputes arising from the conduct, execution and settlement of derivative transactions, including, interest rates swaps, currency swaps, bonds and repo trades on Eurex, OTC options, credit default swaps, and an Argentinian MTN programme.

With effect from 23 November 2011, interest shall be paid within the ceiling rate of LIBOR / SWAP rates plus 125 basis points for the respective currency / corresponding maturities

One user in particular noted that after his up - to - date iPhone 6 underwent a battery swap, the phone's CPU clock speed flung forward from 600 MHz to 1,400 MHz, the latter of which is its original run rate.

(Interest - rate swaps are used for switching from a floating rate of interest into a fixed rate of interest, or vice versa.)