Sentences with phrase «year rate reset»

TORONTO, February 25, 2016 - Royal Bank of Canada (RY on TSX and NYSE) today announced that as a result of strong investor demand for its previously announced domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BM, the size of the offering has been increased to 30 million shares.

2016.03.07 Royal Bank of Canada announces closing of $ 750 million NVCC Preferred Share Offering Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BM.

Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BF.

2014.02.14 Royal Bank of Canada announces results of conversion privileges of Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AJ & AL Shares Series AJ & AL TORONTO, February 14, 2014 - Royal Bank of Canada (RY on TSX and NYSE) today announced that 2...

Royal Bank of Canada today announced its intention to redeem all of its issued and outstanding Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AX (the «Series AX shares») on November 24, 2014...

2015.12.16 Royal Bank of Canada announces closing of $ 675 million NVCC Preferred Share Offering Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BK...

2015.03.05 Royal Bank of Canada announces NVCC Preferred Share Issue Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BF...

Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BD.

2014.07.18 Royal Bank of Canada to redeem Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AT & AV Royal Bank of Canada (RY on TSX and NYSE) today announced its intention to redeem all of its issued and outstanding Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AT...

2015.12.08 Royal Bank of Canada announces NVCC Preferred Share Issue Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BK...

2014.06.03 Royal Bank of Canada announces closing of $ 500 million Preferred Share offering Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BB...

Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BM...

2014.01.20 Royal Bank of Canada announces conversion privileges of Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AJ and AL Royal Bank of Canada (RY on TSX and NYSE) today announced that it does not intend to exercise its right to redeem all or...

Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BB...

Royal Bank of Canada (RY on TSX and NYSE) today announced its intention to redeem all of its issued and outstanding Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AT...

Royal Bank of Canada (RY on TSX and NYSE) today announced that as a result of strong investor demand for its previously announced domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BB...

Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BF...

Royal Bank of Canada (RY on TSX and NYSE) today announced that as a result of strong investor demand for its previously announced domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BK, the size of the offering has been increased to 27 million shares...

Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BK...

2014.05.23 Royal Bank of Canada announces Preferred Share Issue Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of $ 250 million of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BB...

2016.02.25 Royal Bank of Canada announces NVCC Preferred Share Issue Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BM...

2015.01.26 Royal Bank of Canada announces NVCC Preferred Share Issue Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BD...

Royal Bank of Canada (RY on TSX and NYSE) today announced it has closed its domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BK...

2014.10.22 Royal Bank of Canada to redeem non-cumulative 5 - Year Rate Reset First Preferred Shares Series AX Royal Bank of Canada today announced its intention to redeem all of its issued and outstanding Non-Cumulative 5 - Year Rate Reset First Preferred Shares Series AX (the «Series AX shares») on November 24, 2014...

Royal Bank of Canada (RY on TSX and NYSE) today announced that as a result of strong investor demand for its previously announced domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BD, the size of the offering has been increased to 24 million shares.

Royal Bank of Canada (RY on TSX and NYSE) today announced a domestic public offering of Non-Cumulative, 5 - Year Rate Reset Preferred Shares Series BD...

Not exact matches

He shares the consensus view that the 30 - year bull market in bonds is now spent and recommends buying floating - rate notes issued by corporations that reset their coupon according to market rates every three or six months.

But unlike an adjustable - rate mortgage, these loans reset immediately rather than once a year.

Although rates on federal student loans are fixed for life, rates for new borrowers are reset annually, based on the outcome of an auction of 10 - year Treasury notes held in July.

For example, a 5/1 FHA ARM locks in a low rate for five years, then resets higher or lower annually.

The rate of mortgage delinquencies is currently more than double what it was a year ago, even without the impact of Alt - A and Option - ARM resets that can be expected to substantially amplify those difficulties this year.

(These are reset securities combined with an option that allows the issuer to convert the securities to preference shares but subsequently pay a higher coupon rate if not converted to ordinary equity or redeemed within 10 years.)

The incidence of rate resets reached a peak around mid 2007, being one to two years after the peak in new loans.

You can simply refinance from one 30 - year fixed into another 30 - year fixed, or from an adjustable - rate mortgage into a fixed mortgage to avoid a rate reset.

Fixed resets preferred - fixed or rate resets pay a fixed dividend for five years then are reset based on where interest rates are after that time.

The interest rate resets every July 1 for the upcoming academic year.

Assembly Democrats want to reset the tax cap to a steady growth rate of 2 percent per year.

The House bill would base loans on the interest rate of a 10 - year Treasury note, up to an 8.5 - 10.5 percent cap, and allow them to reset each year.

«The administration has said to the lenders, don't raise the interest rates and don't reset the interest rate on these adjustable rates for five years.

BMO Laddered Preferred Share Index ETF (ZPR): Laddered fund of strictly rate - reset preferreds, 20 % of which will reset their payout in any one year, which reduces the interest rate risk.

Once the teaser period is over — 1, 2, 3, 5, 7, or 10 years — the loan goes through at least one reset a year where the interest rate changes.

Rate - reset preferreds typically exhibit less interest rate risk as the maximum time to the next reset date, or maturity, is five yeRate - reset preferreds typically exhibit less interest rate risk as the maximum time to the next reset date, or maturity, is five yerate risk as the maximum time to the next reset date, or maturity, is five years.

While many delinquencies have been caused by adjustable rate mortgages for subprime borrowers or with gimmicky features which caused payments to reset to unnaturally high levels, the rise in ten - year Treasury yields is a warning that a broader population of mortgage holders could face higher mortgage rates.

Variable interest rates for all Stafford Loans originated before July 1, 2006 (unconsolidated loans only) are reset each year.

In fact, when looking at duration, it is estimated that rate - reset preferreds have durations between 2 and 3 years whereas perpetual preferreds have durations between 11 and 15 years [1].

If interest rates are low in a given year, only a portion of the portfolio will be reset to the lower yields.

At the end of the introductory period, which can range from 3 months to ten years — the rate is reset.

Rate - reset preferreds are used in a portfolio laddering strategy since they incorporate a reset date every five years.

The rating agency said it was assuming total loan loss of 34 percent for Alt - A RMBS transactions backed by fixed - rate and long - reset hybrid collateral, which are loans with fixed - rate periods of at least five years, issued in 2006.

S&P estimated a loss severity of 35 percent on deals backed by mortgage loans with a negative amortization feature while assuming a loss severity of 35 percent for transactions secured by adjustable - rate loans and short - reset hybrid loans with fixed - rate periods of less than five years.