At their tightest, benchmark bonds (those with 10 - year lives and the highest possible ratings) were printing at spreads of less than 25 basis points
more than swaps.
Compare that with today's levels, which have ranged from 65 to 90 basis points
more than swaps.
Excluding three outliers, benchmark bonds — meaning those with 10 - year terms and the highest possible ratings — have priced in a relatively tight band between 88 and 98 basis points
more than swaps.
The benchmark class for the year's final conduit, UBSCM 2017 - C7, priced at a spread of 87 basis points
more than swaps.
The proposed changes to the current Policy are minimal and amount to little
more than a swap of one high - stakes nationally - normed standardized test for another.
When making a game that contains a lot of characters, especially when most of those characters won't be seen for long, it's easy to just kind of stray toward the lazy side of things and resort to doing nothing
more than swapping heads in order to make each character «unique».
Designing for electric vehicles is
more than swapping out engines.
Not exact matches
«How could we build this machine to be much
more cost - effective
than [past] battery -
swap efforts?»
Although I certainly improved the quality of my morning work throughout the week, I came away with one overarching feeling: It's going to take a lot
more than just opening my email later to shift from slaying alligators to draining the
swap.
Under proposed CFTC rules, these companies would be required to hold
more capital against certain derivatives trades - also known as «
swaps» trades -
than banks.
As of Sept. 22, 77 companies in China had conducted debt - for - equity
swaps worth
more than 1.3 trillion yuan ($ 196.48 billion), Reuters reported.
So they pulled out all the stops by experimenting with an in - store cafe, free Wi - Fi, monthly book
swaps, a children's play area, entertainment,
more than 200 in - store author readings a year and community forums on topics of interest to customers.
Deutsche Bank shares trading in Frankfurt were down
more than 4 % on Monday, and credit - default
swaps on the bank spiked to their highest level since 2012, when the entire efficacy of the eurozone was in doubt.
Unfortunately, the prototype demo belt broke down before we got to hitch up our slacks for a test, but it's easy to see how refining the mechanism and
swapping some of the build materials to plastic have helped lighten the smart buckle, and that it offers
more than a lazier way of keeping your jeans up.
More than US$ 500 trillion worth of contracts — everything from
swaps and futures contracts, to home mortgages and student loans — were priced using LIBOR rates last year.
But rather
than settling those transactions itself or billing customers» phone statements, Isis believes working with the payments networks will make mobile payments
more appealing to consumers and merchants, who can continue to use or accept the card platforms of their choice — only instead of using physical cards the parties will
swap digital information wirelessly.
Indeed, thanks to the Military Personnel Exchange Program, the U.S. Air Force has the opportunity to
swap service members with an allied nation military: for this reason, whilst «Pinna», from an AMX A-11A Ghibli experience with the 132 ° Gruppo (Squadron), flies with the 74th FS, U.S. Air Force Lt. Col. Joe «Slap» Goldsworthy, an A-10 Thunderbolt II pilot with
more than 2,700 flight hours of experience, is assigned to the 132 ° Gruppo and flies the Ghibli (even in combat).
That's a tough challenge for small companies whose foreign - exchange transactions are typically not large enough to qualify for the low - cost «Interbank Rates» reserved for currency
swaps of
more than $ 5 million.
And to the extent any holdouts own credit default
swaps against Argentina, those
swaps have (probably) been triggered and will (probably) result in a big payout, which may make the holdouts
more inclined to settle now
than they were yesterday.
Because buys can be made in a much
more ad hoc fashion
than on network TV, the marketer can
swap in and out different messages at almost any time in a campaign.
Tax cuts on wealth are promoted as if they will be invested rather
than used to pay the financial sector
more interest or be gambled on currencies and exchange rates, interest rates, stock and bond prices, credit default
swaps and kindred derivatives.
Assuming a 35 percent tax rate on corporate capital gains, the
swap could save Berkshire
more than $ 1 billion, on top of tax savings from two similar transactions earlier this year.
With
more than just a few weeks to organize, vote -
swapping could well result in a Conservative rout.
As a somewhat recent college grad who vividly remembers what it's like scraping together part - time income just to have something to invest, I'm hoping I'll be a little
more successful at showing you how to invest with little money,
than the 60 year - old bankers explaining credit default
swaps to fresh faced new hires.
Like the military's M4s and M16s, civilian AR - 15s are fed with box magazines — the standard magazine holds 30 rounds, or cartridges — that can be
swapped out quickly, allowing a gunman to fire
more than a hundred rounds in minutes.
The Lords, however, found that
swaps were «
more akin to gambling
than insurance,» and local governments are not authorized to gamble.
Market contacts have reported that it also reflects the relatively high level of
swap rates — a common benchmark for price - makers» funding costs — for reasons related
more to the demand for funds
than to credit concerns.
Consistent with this, spreads between corporate bond yields and
swap rates have moved much
more in line with CDS
than have spreads between corporate bonds and CGS.
3 - month interbank interest rates in Australia peaked at over 7 per cent in mid September,
more than 50 basis points above the corresponding rate that measures expectations of the cash rate (the overnight indexed
swap rate: OIS)(Graph 2).
Using a combination of
swaps and futures, TBT gives investors -2 x exposure to daily moves in T - bonds with
more than 20 years left to maturity.
The cost of protecting the company's subordinated debt from default for five years using credit - default
swaps has
more than doubled since the end of 2015, rising to 438 basis points, a four - year high, from 187.
The White House needs Beijing's help
more than ever as Trump and Kim Jong Un
swap warmongering threats.
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin
swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the
more lightly regulated foreign exchange forwards or foreign exchange
swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather
than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14
The default
swaps on individual names is a
more «precise» method of shorting
than might be seen with CMBX indexes, which have roughly 10 percent exposure to malls — and much greater exposure to relatively less economically sensitive or consumer - dependent properties like office buildings.
The past several years have featured little
more than a gigantic asset
swap, the short description being that massive volumes of government debt have been
swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.
More often
than not, YouTube TV
swaps out your...
The Iranian - American pastor from Idaho, held for
more than three years, was exchanged as part of a prisoner
swap in which Iran released four people and the United States released seven.
Face
swapping is going to be
more prominent
than ever thanks to Mark Zuckerberg.
We've got roasted sweet potatoes, chickpeas, mushrooms, spinach and vine tomatoes, which we've served with a turmeric scramble (the recipe for that is in Deliciously Ella With Friends) but you can definitely
swap that out for something else, if you think your Dad is
more scrambled eggs
than scrambled tofu!
That being said, this looks absolutely incredible, and I'd be
more than fine with
swapping my regular potato dish for this one < 3
this looks DELICIOUS... I love that whenever I make a recipe healthier I always like it better
than the original... the healthy
swaps are just as flavorful, or
MORE so!
I
swap the zucchini for kale and the butter beans for red kidney beans with a mix of yellow and green beans and maybe a bit
more than a pinch of cayenne:) comforting but not heavy.
March
more than got away from me — which is why it's the first of April and I'm just now posting this strawberry lassi recipe for Food Bloggers Recipe
Swap.
Making simple
swaps to classics allows you to have
more than one slice and be satisfied.
We cut the carbs by
swapping in a riced - cauliflower - and - panko topping for a thin and crispy top layer that's
more nutritious
than pie crust (but every bit as satisfying).
So, taking an non-vegan recipe that calls for bacon and adapting it to use a vegan version is
more nuanced
than simply
swapping the new ingredient in; you have to adjust the methodology intelligently depending on how bacon is used in the recipe.
Took a bit longer
than expected but came out well... it's almost thai flavored w / the coconut / lime combo, so I'd
swap in thai basil next time and a bit
more cashews or maybe walnuts for a bit
more crunch (the cashews absorbed too much liquid and got soggy).
It absorbs way
more moisture
than almond flour or all purpose flour so if you try to
swap them evenly they will likely be very dry.
Green Giant Veggie Spirals ™, the latest in the brand's popular Veggie
Swap - Ins ™ line, can save Americans
more than 2 trillion calories this year if consumed in place of pasta, according to the company.
In the US, recent research found that 70 per cent of people are now
swapping meat for a non-meat protein at least once a week, with 22 per cent saying they were
more likely to do so
than last year.