Sentences with phrase «covered bond program»

That could be years, but at some point, it will likely be cheaper to securitize, and the bank won't want the mortgages trapped in the covered bond program then.

If I were a bank entering into a covered bond program, I would only borrow for the amount of time that I would expect the securitization market to be closed.

However, Mr. Flaherty says those loans will no longer be allowed in the government's covered bond program.

Not exact matches

It will also cover the trajectory of peripheral sovereign bond yields in the face of investor uncertainty, where yields were first pushed above seven percent, and then eventually to much higher levels, forcing a rescue program.

Ever since the ECB has begun to implement its assorted money printing programs in recent years — lately culminating in an outright QE program involving government bonds, agency bonds, ABS and covered bonds — bank reserves and the euro area money supply have soared.

RIAs are eligible to participate in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets under management, as reported in response to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.

The district wants to sell revenue bonds to pay construction costs and, once the center is running, officials project that program fees and membership dues will cover expenses as well as earn an annual profit of $ 235,000 within five years.

We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.

Topics in the Q&A included the source of money for the City's planned pre-K advertising campaign, the City's target number of pre-K applicants, whether Speaker Silver thinks the proposed income tax surcharge should be pursued next year, how the pre-K selection process will work, how the City will cover the approximately $ 40 million annual gap between the estimated cost of pre-K and the amount provided in the state budget, when parents will learn whether their pre-K application has been accepted, how the City will collect data and measure success of the pre-K program, whether the existing pre-K application process will be changed, how the City will use money from the anticipated school bond issue, the mayor's reaction to a 2nd Circuit ruling that City may bar religious groups from renting after - hours space in public schools, the status on a proposed restaurant in Union Square, a tax break included in the state budget that provides millions of dollars to a Bronx condominium project, the «shop & frisk» meeting today between the Rev. Al Sharpton and Police Commissioner Bratton and a pending HPD case against a Brooklyn landlord.

Federal and state governments could either support city programs or directly finance the upgrades; their bonds would be more efficient because they would cover larger populations.

The ruling by District Court Judge David E. Winslow held that the cash - management program, which allows school officials to issue tax - exempt bonds to cover anticipated budget shortfalls, does not violate the state constitution.

In addition to covering qualified education expenses, savings bonds can also be redeemed tax free if the proceeds are used to fund a 529 or Coverdell program.

Enhanced Yield clients have a dividend stock program with covered calls, designed as a cautious bond proxy and targeted for 9 % after commissions and fees, even in a sideways or slightly declining market.

Deal Awards Capital Markets Deal of the Year: Debt DBS Bank's $ 10B global bond program & $ 1bn covered bond Allen & Gledhill Linklaters

«The state bond program can give grants to cover down payments and closing costs.