Sentences with phrase «of emergency liquidity»

Greek banking institutions are currently being retained alive via the provision of an costly type of emergency liquidity (ELA) which is swiftly becoming used up as capital flees the place.

Not exact matches

The chief executive officer of Greece's largest lender expects that the emergency liquidity assistance given by the European Central Bank (ECB) will end in 2018.

Mr Murphy then quoted from the Financial Times that «Germany's Wolfgang Schauble and Michael Noonan his Irish counterpart pushed for curbs on emergency liquidity for Greek banks unless capital controls were imposed, one of the officials said».

That is all the ECB ultimately did — by refusing to increase the provision of ELA (emergency liquidity assistance) to Greek banks, the latter were no longer able to pay depositors who attempted to withdraw their own money.

The first attribute of a good emergency fund is liquidity — as in, you need to get at these funds within a few hours.

It is important to maintain at least a 15 % level of liquidity to be able to combat any unforeseen financial emergencies.

Short of owing money to the mob, or a zombie apocalypse, what sort of emergency could require immediate liquidity of an emergency fund.

Since we had sufficient liquidity to cover the cost of the repairs in our emergency fund, the insurance company was much easier to deal with, and the relationships between the contractor, bank, and insurance company were much smoother.

A combination of debt and equity mutual funds will serve you best to meet the requirements of liquidity for near - term expenses and emergency funds as well as of inflation beating returns to counter «longevity risk».

Why is there a 5 % sales charge to my initial premium?When you incur a «back end load» by way of heavy surrender charges and market value adjustments, periodic or emergency liquidity can become very costly.

CDs may be a solution for a portion of your emergency fund but beware of tying up all your savings — a vital component of your rainy - day fund is liquidity.

If you need the flexibility of getting at the money in your TFSA (like if it's part of your emergency fund), then put it there and then later contribute to RRSP when the liquidity need is not as great.

In my view, no sooner will all of this «tough love» leave the lips of Fed governors than the Fed will be forced to announce some novel emergency «liquidity facility» to address a fresh round of credit concerns.

They're struggling to make the minimum payments, their rates are high or are on the brink of rising if they miss even one payment, they have little to no liquidity or reserves in case of emergency...

The most common reasons are liquidity (having money immediately available when a better investment comes along) and emergency (surprise medical bill, bailing your mom out of jail, etc).

That's why I typically suggest that people combine an annuity with a portfolio of stocks, bonds and cash that can not only provide liquidity for emergencies and such, but also generate some capital growth to help you maintain your living standard in the face of inflation over a retirement that, given today's lifespans, could easily last 30 years.

Low liquidity and high volatility — some people use index funds to grow the value of their emergency fund, but it's a risky practice because your fund could take a nose - dive in value right before you need the money for an emergency!

I do have one question with regard to the liquidity of an emergency fund.

Home Capital shocked the market last June when it announced Buffett's Berkshire agreed to make an equity investment and offer a new line of credit to replace an emergency $ 2 - billion loan that Home Capital secured amid a liquidity crisis.

The relatively lower yields and high liquidity of savings accounts make them ideal for short term savings or as a place to store an emergency fund.

Keep in mind that a lack of liquidity is one of the enemies of your investments and that those that ignore this enemy may find that they struggle with their investments at the most inopportune times — during emergencies.

And, technically speaking, the bank may not even have run out of money, since it had access to an emergency liquidity line from the Federal Reserve.

Bank FDs of different tenures are safe and secure form of investment and also serve the purpose of meeting short - term liquidity or requirement of funds in case of an emergency

About liquidity in case of an emergency, you always have an option of partial withdrawal.

In case of urgent financial emergencies or liquidity crunch, you may opt to surrender the policy and get quick access to the accumulated cash surrender value.

I think qualified plans are a good part of the overall financial plan and can be used to great advantage for RE investing along with correctly structured life insurance to provide adequate liquidity since most real estate is not very liquid and credit is not always available to obtain the access to capital that you may need (tailored to RE investor audience) especially in an emergency when your credit tanks or borrowing guidelines are constantly changing.