Sentences with phrase «currency debt issued»

Not exact matches

And while most emerging market debt continues to be issued in local currencies, the IIF said that foreign currency denominated debt issued in these nations swelled by $ 800 billion last year to a record high of $ 8.3 trillion.

A government that is sovereign in its currency, has no foreign denominated debt and a central bank that can issue its own currency does not have to worry about someone else telling them that they need to raise their interest costs.

Entities in smaller markets typically issue foreign currency debt in offshore bond markets because they can issue larger, lower - rated and / or longer - maturity bonds than they can (at least at comparable prices) in their domestic market.

I'd not have any issue with this if Bitcoin was a legit currency that could be freely spent anywhere, to use as payment for any purpose, to include the paying of debts, public or private.

We have no insolvency issues by increasing debt as long as we are the world's reserve currency.

Are gold and silver purchases more sensible than investing in overpriced paper debts that guarantee a negative yield in a devaluing currency issued by a dodgy government or central bank?

In a related development, China's State Administration of Foreign Exchange (SAFE) issued new rules on Wednesday relaxing restrictions on multinational companies» management of their foreign currency - denominated debt in China, allowing them to pool debt from all their subsidiaries for central management.

It would merely have taken another form — that of the monetization of debt through the issue of bank currency or the creation of bank credit.»

The Bloomberg Barclays Emerging Markets USD Aggregate Index is a flagship hard currency emerging market (EM) debt benchmark that includes fixed and floating - rate U.S. dollar — denominated debt issued from sovereign, quasi-sovereign, and corporate EM issuers.

The iShares International Treasury Bond ETF tracks a market weighted index of local currency non-US government issued debt.

In normal times, Section 18 of the Act says the Bank can only buy (or sell) certain types of assets — coins, foreign currencies, federal and provincial / territorial debt, debt issued by the U.S., Japan or the European Union, International Monetary Fund (IMF) special drawing rights, and bills of exchange or promissory notes issued by a bank or authorized foreign bank provided they have a maturity of no more than 180 days.

Sovereign Debt is the amount of money that a country's government has borrowed, typically issued as bonds denominated in a reserve currency.

Is that ultimately going to have a long - term impact on a country that issues debt in its own currency?

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The U.S. government issues debt in its own currency.

With bank debt at 2 trillion causing debt deflation, a slump in output, supermarkets losing profits because of poverty, a slump in output, a massive trade deficit that requires a massive boost of sovereign currency issue, I would say he is in the neoliberal mold, not the Labour one, and probably not that competent.

Print money with abandon, issue debts with abandon in your own currency.

Gold is also a favored investment as central banks issue debt and devalue their currencies, he said.

The Fund may engage in active and frequent trading of portfolio securities to achieve its investment objective... the Fund will invest in a portfolio of securities including: equities, debt, warrants, distressed, high - yield, convertible, preferred, when - issued... options, total return swaps, credit default swaps, credit default indexes, currency forwards, and futures... ETFs, ETNs and commodities.»

6 Moreover, 15 years ago only a handful of countries were in a position to issue local currency debt, and their average credit rating was BBB +.

Whatever country of our world has the status of reserve currency must issue debt, and a lot of it, that other countries can invest in to park their idle cash balances.

To preserve capital and to provide income and long - term growth primarily through investment in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments, corporations and financial institutions.

If a Canadian company issues debt securities in another country, denominated in that foreign country's currency, the bond is known as a foreign bond.

A Canadian debt security issued in Canada but pays interest and principle in a foreign currency is known as a foreign pay bond.

U.S. Dollar Falls to 15 Month Low against Basket of Major Currencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding cCurrencies The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding ccurrencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currenciescurrencies.

The repeal of the FPR will mean more foreign issuers will issue debt in Canadian currency when it is advantageous.

$ 5.7 trillion of gross debt was issued in 2004 according to Thomson Financial numbers, while GDP grew $ 4 trillion (currency exchange rate).

Sovereign debt is issued by the national government in a foreign currency in order to finance the issuing country's growth and development.

With USD 68,500 million of outstanding debt in the four currencies, Exhibit 1 shows the structure for these bonds, and we can see that 65 % of the total amount is issued in USD.

According to the Mexican Ministry of Finance, unlike domestic debt, there is no timetable for the issuance of securities denominated in foreign currency, since the decision to issue external debt is linked to the public debt strategy as well as to market conditions.

I would amend the statement about sovereign defaults from «sensei» to cover only sovereign issuers who issue debt in their own currency.

My opinion is that it is the same for sovereign debts, except that is more sturm und drang around it because of currency, political, and solvency of financial institutions issues.

The programme was supposed to apply «temporarily» but without an explicit limitation in time, and allowed both national central banks and the ECB to buy on the secondary market eligible marketable debt instruments issued by the central governments or public entities of the Member States whose currency is the Euro; as well as on the primary and secondary markets eligible marketable debt instruments issued by private entities incorporated in the Euro area.

On the 12th September 2012, the German Constitutional Court issued its much - expected third judgment on the constitutionality of measures that have been taken at the level of European and international law in response to the ongoing sovereign debt crises in the Eurozone and the crisis of the currency union that resulted thereof.

Robb regularly advises clients on tax issues relating to domestic and foreign public and private debt offerings, synthetic and hybrid instruments, foreign currency transactions, swaps and derivatives, hedging transactions and other complex financial products and transactions.

In the derivatives arena, Morgan Lewis advises and counsels banking clients around the globe on a wide variety of issues with respect to all categories of over-the-counter and exchange - traded derivatives, including equity, debt, credit, commodity, interest rate, currency, and weather derivatives.

There are only two fundamental differences between bitcoin and national currencies: (1) bitcoin is issued by an algorithm rather than a central bank so predictable machines rather than arbitrary humans control the «printing» and the total amount of bitcoin; (2) creditors can sue you if you present bitcoin to settle a debt denominated in national currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in currency but if you present the currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in currency it will be a defence to the creditor's suit under some form of a «legal tender» statute (Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in Currency Act, RSC 1985, c C - 52 in Canada; 31 U.S. Code § 5103 in the US).

If governments were smart they would issue their own cryptocurrency, allow it to be used to pay taxes, tightly regulate the exchanges, and watch it compete with current debt based currencies.