The company issued roughly $ 7 billion in term
debt during the quarter, bringing total term debt to $ 103.7 billion.
The company took that cash flow and retired $ 1 billion of
debt during the quarter and has now paid off $ 2.1 billion in debt over the past year and a half.
U.S households picked up about $ 170 billion in the low - yielding government
debt during the quarter, while foreigners increased their holdings by $ 110 billion.
Not exact matches
by the personal finance site found that the average household credit card
debt was $ 7,996
during the second
quarter of 2017, up 5 percent from a year earlier.
NEW YORK — The Federal Reserve Bank of New York today issued its Quarterly Report on Household
Debt and Credit, which reported that total household debt increased substantially by $ 226 billion (a 1.8 % increase) to $ 12.58 trillion during the fourth quarter of 2
Debt and Credit, which reported that total household
debt increased substantially by $ 226 billion (a 1.8 % increase) to $ 12.58 trillion during the fourth quarter of 2
debt increased substantially by $ 226 billion (a 1.8 % increase) to $ 12.58 trillion
during the fourth
quarter of 2016.
Auto
debt continued its upward climb during the third quarter of 2015, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Cre
debt continued its upward climb
during the third
quarter of 2015, according to the Federal Reserve Bank of New York's Quarterly Report on Household
Debt and Cre
Debt and Credit.
According to their data, about 11.5 % of student loan
debt was 90 + days delinquent or in default,
during the second
quarter of 2015.
The financing needs coming due in the first
quarter «imply that euro area banks will not have extra money as a result of the three - year auction to purchase European sovereign bonds, using a carry - trade strategy, because the amount of fresh cash is less than the amount of bank
debt that will mature
during the
quarter», Powell wrote recently.
Teck would go on to pay off another $ 214 million in
debt during the second
quarter, which will save it about $ 10 million per year in interest expenses.
During the
quarter, Fitch also upgraded CNH's
debt to investment grade.
During August and into September, data from the eurozone remained upbeat, with an already solid second -
quarter performance revised even higher, pushing year - on - year growth to 2.3 %, the quickest pace since the region's
debt crisis of 2011 — 2012.
The transaction is expected to be completed
during the first
quarter of 2018 and it is not expected to have any significant effect on the net
debt or financials of Stora Enso.
The Cost of Funds Rate
during the second
quarter of 2015 declined to 5.0 % of Average Funding
Debt Outstanding, down from 6.4 % in the comparable prior year period.
In the second to last paragraph of that Fox article, you'll see the following: «According to the New York Fed, 11 % of total student loan
debt was at least 90 days delinquent or in default
during the first
quarter of this year.»
During the first
quarter of 2015, it was reported that the total outstanding consumer
debt had touched $ 3.34 trillion and credit card
debt accounted for a major part of that
debt.
Credit card website CardHub reported that
during the first
quarter of 2016, U.S. consumers paid off a total of $ 26.8 billion in credit card
debt.
The good news is that the wealth of Canadians has grown
during the current
debt binge, with national net worth increasing by 2.3 % in the fourth
quarter.
TORONTO — Canadian household
debt hit a record high
during the third
quarter, as it grew at a faster pace than disposable income, according to the latest figures from Statistics Canada.
Both the mortgage
debt service ratio and the consumer credit
debt service ratio edged down
during the
quarter.
The total amount of credit market
debt — which includes mortgages, non-mortgage loans and consumer credit — held by Canadian households increased to 162.6 per cent of disposable income
during the
quarter, from a revised 161.5 per cent in the previous
quarter.
According to information from the Federal Reserve Bank of New York, the total U.S. student loan
debt increased by $ 29 billion
during the second
quarter of 2016.
Consumer spending slowed
during the first
quarter, to just 0.1 per cent growth, leading some observers to believe they were focused on consolidating
debt after borrowing heavily
during the recession.
The Federal Reserve reports that consumer revolving
debt fell from $ 935 billion in the first
quarter of 2009 to $ 853 billion
during the first
quarter of this year.
California borrowers averaged $ 5,196 in credit card
debt during the first
quarter of 2015, close to the national average of $ 5,143, according to TransUnion, the credit rating agency.
The blog cites a recent study indicating that of $ 51 billion in U.S. credit card
debt paid down
during the first
quarter of 2010, $ 29 billion was paid down by consumers, but the remaining $ 22 billion was removed from active status after being charged off by credit card issuers.
Student loan
debt may be preventing borrowers from buying a home, starting a family, and s aving for re tireme nt, but for Discover Financial Services, its helping it boost earnings and revenue.Late last week, Discover Financial Services reported a 13 percent jump in net income
during the fourth
quarter and a 4 percent rise in revenue.
After increasing by $ 18 billion
during the fourth
quarter of 2013, auto loan
debt was reported to total $ 863 billion at the end of 2013.
During the fourth
quarter of 2013, student loan
debt increased by a reported $ 53 billion.
I was surprised because Fairfax had acquired the
debt at cents on the dollar and the cost basis for those converted shares was probably significantly less than the market price
during the first and second
quarters.
Credit card
debt up, delinquencies down in Q2, report says — Americans had more average credit card
debt and delinquencies were down slightly
during the second
quarter of 2008.
«
During the market volatility [in the first
quarter], a number of our borrowers avoided the CMBS market and went with
debt funds or bank financing, even if it required some level of recourse.
The increase in credit scores could be due to the fact that Denver consumers paid down credit card
debt by 7 %
during the
quarter.
«The balance of mortgage
debt extended to multifamily apartment owners grew by 1.4 percent
during the
quarter and now stands 26 percent above the level seen at the end of 2007, prior to the recession,» says Woodwell.
Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's
debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Tuesday, February 9, 2016 at 1:30 p.m. (EST) to discuss with members of senior management the Company's results of operations
during the fourth
quarter of 2015 and current business initiatives.
Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's
debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Wednesday, February 8, 2017 at 11:00 a.m. (EST) to discuss the Company's results of operations
during the fourth
quarter of 2016 and current business initiatives with members of senior management.
Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's
debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Monday, May 1, 2017 at 11:00 a.m. (EST) to discuss the Company's results of operations
during the first
quarter of 2017 and current business initiatives with members of senior management.
Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's
debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Thursday, April 28, 2016 at 11:00 a.m. (EST) to discuss with members of senior management regarding the Company's results of operations
during the first
quarter of 2016 and current business initiatives.
Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's
debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Thursday, April 30, 2015 at 1:00 p.m. (EST) to discuss with members of senior management regarding the Company's results of operations
during the first
quarter of 2015 and current business initiatives.
According to their data, about 11.5 % of student loan
debt was 90 + days delinquent or in default,
during the second
quarter of 2015.
During the fourth
quarter of 2012, household balance sheets improved with increases in home values and reductions in mortgage
debt, thereby boosting household net worth.
During the first
quarter of 2013, household balance sheets improved with increases in home values and reductions in mortgage
debt, thereby boosting household net worth.