Sentences with phrase «long term debt rating»

Wesfarmers has received a boost, with Moody's upgrading its issuer and senior unsecured long term debt rating from Baa1 (positive) to A3 (stable).

Not exact matches

Moody's maintained Ontario's Aa2 issuer and Aa2 senior unsecured long - term debt ratings despite the change in outlook.
Even though our activities are likely to result in a lower national debt over the long term, I sometimes hear the complaint that the Federal Reserve is enabling bad fiscal policy by keeping interest rates very low and thereby making it cheaper for the federal government to borrow.
Earlier this week rating agency Standard and Poor's changed its U.S. long - term debt outlook to «stable» from «negative,» despite the concrete prospect of more showdowns on fiscal policy.
«We refinanced our debt, de-leveraged our balance sheet and locked in long - term debt capital at current historically low rates,» he said in the company's 2014 annual report.
You can refinance expensive debt and trim thousands from your monthly budget by securing a long - term, low - rate loan like the one you should've taken in the first place.
TORONTO — Fitch Ratings downgraded Ontario's long - term debt rating Friday, highlighting «risks» on the path to the Liberal government's target of balancing the budget by 2017 - 18.
The amount of debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest costs, putting more pressure on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.
Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.
We add the debt spread associated with the debt rating on the company's long - term debt to the risk - free - rate.
Ryan Avent pointed out that even if we enacted Trump's massive tax cuts and spending increaes, adding $ 34 trillion in new debt over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...
This gain in credibility contributed to a rapid decline in long - term interest rates, which in turn significantly reduced public debt charges and contributed to stronger economic growth and government revenues.
The amount of longer term Federal debt that markets have to absorb is now as high as it has been in the last 50 years and long rates are extraordinarily low, as are term spreads.
They can also help you create a plan to get out of debt by paying off your debts, often at reduced interest rates, through a long - term debt management plan (DMP).
Indeed, because the Trump proposal would redistribute after - tax income towards those most likely to save it, push up long - term interest rates because of debt pressures, increase uncertainty and the advantages of overseas production, it is as likely to retard growth as to accelerate it.
«This year's budget makes remarkable progress on reducing the debt - to - GDP ratio, and announced focused investment in areas that are important to the long - term economic success of the province, while holding steady on already very competitive business and personal tax rates
China is probably still a few years away from reaching its debt limits, but the more debt grows, the lower the country's growth rate average will be over the long term.
By the early 1980s, enormous external debts, soaring interest rates, and the beginning of a long - term decline in commodity prices set off what was subsequently known as the LDC Debt Crisis.
Legg Mason plans to close a deal this month to restructure $ 650 million in debt, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
When the financial crisis hit the markets in 2008, the Federal Reserve embarked ultra easy monetary policy, which included cutting short - term interest rates to effectively 0 % while suppressing longer term interest rates through the purchases of long term Treasury debt and mortgage - backed securities — a program informally referred to as quantitative easing.
For example, from: 1) the replenishment of foreign exchange buffers large enough to protect the economy against a protracted shock; 2) a significant reduction in government debt metrics; 3) a successful diversification of the economy and government revenues that will become less dependent on oil receipts; 4) continued improvements in governance and institutional strength which act as longterm constraints on Angola's rating.
Since U.S. government debt is not long - term in nature, higher refinancing costs are extremely vulnerable to rising interest rates.
Long - term treasuries will likely still work as ballast when it matters most (global risk - off events), but we see short - term U.S. debt now offering compelling income, along with a healthy buffer against the risk of further interest rate rises.
«We rarely use much debt and, when we do, we attempt to structure it on a long - term fixed rate basis.
In the long term, however, continually falling interest rates are a sign that something is fundamentally amiss; that the requisite balance between credit and debt necessary for self - sustaining growth is missing.
One major question on Wall Street is if the long - term downtrend in rates has now reversed, how will the government pay for all of this new debt on top of the old debt?
The answer is that Fed policy is the primary factor driving the returns of short - term bonds, meaning that they tend to hold up much better than long - term debt when the Fed is expected to keep rates low as was the case in 2013.
With household and government balance sheets still weighed down by a large debt overhang, demand for new loans is extremely weak despite near zero short and long term interest rates.
Hold debt levels static, and that rate of economic decline would force Italy's debt to GDP ratio to rise to 122 % from 118 % - clearly the wrong direction if the hope is to ease long - term solvency concerns.
It has been taking on long - term debt with an interest rate at less than 4 % and using much of these funds to repurchase shares.
An inverted yield curve is an interest rate environment in which long - term debt instruments have a lower yield than short - term debt instruments of the same credit quality.
Finally, for some time the Finance Department has been engaged in a strategy of locking into long - term debt at historical low interest rates, thereby minimizing the impact of higher interest rates on public debt charges.
And on such a long term debt obligation, the difference of 0.25 % or 0.50 % on an interest rate can mean tens of thousands of dollars over the course of 30 years.
The Forbes rankings for the «400 Best Big Companies in America» are based on stringent criteria including accounting and governance ratings, revenue, positive equity, long - term earnings growth and debt - to - capital ratios.
QE is misused true, it should be used to pay down debts more and companies less, and the interest rate should be raised half a percent straight away, maybe more to avoid a long - term bear market soon, but the US Dollar is strong right now because the US economy is fairly productive.
Given historically low long - term interest rates, the government has considerable fiscal flexibility to undertake key public investments, while maintaining a falling debt to GDP ratio.
Despite a slight increase in long - term interest rates in recent weeks, he said interest rates remain extraordinarily low and debt service levels comfortable.
Of the three major ratings agencies, only Moody's Investors Service has indicated that Illinois lawmakers» lack of long - term solutions for reducing that debt is a severe problem.
Tags: bonds, Bund, ECB, Euro, Fed, French oats, IOER, Janet Yellen, long - term rates, Mario Draghi, NASDAQ, O / N RRP, SPS, U.S. Dollar Posted in Currency, Debt Market, ECB, Fed 10 Comments»
The Bloomberg Barclays Long - Term Government / Corporate Bond Index is an unmanaged index that includes fixed - rate debt issues rated investment grade or higher by Moody's Investors Services, Standard & Poor's Corporation, or Fitch Investor's Service, in order.
The Fed revealed last week that it expects to raise rates twice this year, possibly as soon as April, which makes short - term munis more attractive since they're less sensitive to rate adjustments than longer - term debt.
This was exasperated recently when I was discussing the case of how most investors misunderstand how it can actually be good over the long - run to change a company's capitalization structure to replace equity with debt by borrowing funds on a long - term, low - cost, fixed - rate basis to repurchase stock, lowering the total count of outstanding shares.
Data as at March 2017; 2002 rating (long - term foreign debt) as at the beginning of 2002.
Most of tax reform has a direct revenue impact and probably could be enacted through reconciliation, but it would either need to be revenue - positive over the long run or else rely on gimmicks, such as sun - setting rate reductions or other revenue - reducing provisions, to avoid increasing the long - term debt.
Thanks to STORE's skilled use of long - term fixed rate debt, the net cash spread (cash yield minus cost of capital) generally stays the same, allowing for profitable growth of AFFO per share and thus the dividend.
In order to stimulate the economy further, the central bank has engaged in quantitative easing (QE) or the purchase of U.S. treasury bonds and mortgage debt in order to drive down long - term interest rates as well.
And by maintaining a light debt load and locking in low interest rates through long - term bond issues, management has prepared the business for higher interest rates quite well.
The difference between us and other clubs is that our debt is tied to long term loans with low intetest rates and we operate at a profit.
A cut in the base rate is combined with a # 60bn increase in quantitative easing, a # 10bn purchase of corporate debt and a long - term scheme to support the banks.
County Executive Picente added «We continue to take the fiscally conservative approach of keeping expenses low, watching every dollar, paying off long term debt early and efficiently which has resulted in a strong fund balance and another upgrade to our credit rating.
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