Sentences with phrase «at a fixed rate until»

Step - down * Interest on step - down securities is paid at a fixed rate until the call date, at which time the coupon decreases if the bond is not called.

Not exact matches

Borrowers have a fixed interest rate of 4.45 %, and repayment does not begin until six months after leaving school at least half - time.

Risks to our baseline: banks do not need more central bank liquidity at the moment and even if they did, the ECB's refinancing operations continue to be conducted through fixed rate, full allotment procedures until at least end - 2017.

The issuing company promises to pay a fixed rate of interest («coupon») for a fixed period at regular intervals until maturity, upon which it will repay the original loan or capital back to you, the investors.

Borrowers have a fixed interest rate of 4.45 %, and repayment does not begin until six months after leaving school at least half - time.

A home equity loan requires you to borrow a lump sum all at once and requires you to make the same monthly payment each month until the debt is retired, much like your primary fixed - rate mortgage.

The government promises to pay a fixed rate of interest («coupon») for a fixed period at regular intervals until maturity, upon which it will repay the original loan or capital back to you, the investors.

the interest rate a bond's issuer promises to pay to the bondholder until maturity, or other redemption event, generally expressed as an annual percentage of the bond's face value; for example, a bond with a 10 % coupon will pay $ 100 per $ 1000 of the bond's face value per year, subject to credit risk; when searching Fidelity's secondary market fixed income offerings, customers can enter a minimum coupon, maximum coupon, or enter both to specify a range and refine their search; when viewing Fidelity's fixed - income search results pages, the term «Step - Up» instead of a numeric coupon rate means the coupon will step up, or increase over time at pre-determined rates and dates in the future; clicking Step - Up will reveal the step - up schedule for that security

The fixed rate gives you all the funds you have available while the line of credit allows you to choose how much money you want to receive at any given time and the rest can stay in the line, still available to you but not accruing interest until you actually borrow them.

RBC and TD were both offering four - year fixed - rate mortgages with a 30 - year - amortization at 2.99 per cent, and had announced plans to keep those rates in place until the end of the month.

In 2017, interest rates were fixed at 3.76 % while you're in school, but payments are typically deferred — or postponed — until after you graduate.

Nationwide's rate's fixed at 5 % (though only for a year) and Tesco Bank guarantees at least 3 % interest until April 2019.

Based on this recent announcement, and the anticipation that the prime rate will still remain low for at least until the end of 2016 unless you feel otherwise, I'd recommend that you remain with your current variable rate product as the interest is lower than most fixed term rates at this time.

Typically issued and redeemed at face value, these notes and bonds pay out a fixed rate of interest every six months until they mature.

Currently, the bonds eligible for inclusion in the index include all investment grade bonds that are issued by U.S. and internationally domiciled companies that are: fixed rate; have a minimum rating of Baa3 / BBB - by both Moody's Investors Service, Inc. («Moody's») and Standard and Poor's Financial Services, LLC («S&P»); have a minimum face amount outstanding of $ 1 billion; and have at least five and a half (5.5) years until maturity.

Canadians with a fixed - rate mortgage won't have to deal with the impact of an interest rate hike until it's time to renew at the end of their fixed term.

The premium rate continues to climb until age 75 where the premium rate is fixed for the remainder of your life at $ 1,840 a month.

Like we mentioned earlier, GUL provides premiums at a fixed rate for the duration of your policy that are guaranteed to stay the same until whatever age you decide (90, 95, 100, etc.).