Sentences with phrase «for meeting reserve requirements»

What is mean by «interest rates» is usually based on the officially published rates determined by the central bank and is referenced to the overnight lending rate for meeting reserve requirements.

Not exact matches

By paying interest on excess reserves (IOER), the Fed rewards banks for keeping balances beyond what they need to meet their legal requirements; and by making overnight reverse repurchase agreements (ON - RRP) with various GSEs and money - market funds, it gets those institutions to lend funds to it.

Yet instead of enhancing the Fed's conventional powers of monetary control, the ballooning of the Fed's balance sheet has sapped those powers by making it unnecessary for banks to routinely borrow from one another in the federal funds market to meet their legal reserve requirements.

The good news, though, is that if you're able to meet the asset reserve requirements, the remaining mortgage approval guidelines are the same as for any other home loan program.

Chase's best account features are reserved for customers with higher balances, so if you don't meet the requirements for Chase's premium accounts, Ally is a much more cost - effective alternative.

The council can only meet the legal requirement to balance its budget by raiding # 3milion from its reserves while carrying out a raft of mid-year spending cuts, including cutting personal budgets for adult care users by a fifth and targeting high - cost adult care packages for reductions (appendices 4 and 5, pages 12 - 13).

A commissioned or noncommissioned military officer who is an instructor of junior reserve officer training shall be exempt from requirements for teacher certification, except for the background screening pursuant to s. 1012.32, if he or she meets the following qualifications:

costs» means amounts substantially all of which are paid by, or for the account of, an obligor in connection with a project, including the cost of» (A) development phase activities, including planning, feasibility analysis, revenue forecasting, environmental review, permitting, preliminary engineering and design work, and other preconstruction activities;» (B) construction, reconstruction, rehabilitation, replacement, and acquisition of real property (including land relating to the project and improvements to land), environmental mitigation, construction contingencies, and acquisition of equipment; and» (C) capitalized interest necessary to meet market requirements, reasonably required reserve funds, capital issuance expenses, and other carrying costs during construction.»

ML Wealth reserves the right to change at any time the selection of securities that it recommends if, in ML Wealth's sole discretion, any one of those securities does not meet requirements for continued listing on the platform.

The qualification cycle used to determine if the account requirements have been met is the first day of the current statement month through the close of the current statement month; if you do not meet the requirements for three consecutive statement cycles, the bank reserves the right to convert your account to a Basic Checking account, subject to that account's associated restrictions and fees (see account details and Fee Schedule).

A stated income mortgage loan is suitable for borrowers who have no verifiable income and have assets to meet minimum reserve requirements of the lender.

For example, a bank might have to borrow millions of dollars overnight to ensure that it meets federal reserve requirements.

SBLI will not request a medical exam regardless of the outcome of the phone interview, but they reserve the right to decline your application for coverage if your health, lifestyle, or income does not meet their requirements for approval.

The Parnell Institute for EMDR reserves the right to cancel the registration of any registrant who does not meet the eligibility requirements for EMDR training.