Sentences with phrase «of the face value»

Spreads range from 30 percent to 92 percent of face value, depending on the retailer and value of the gift card.
And for Ireland, market value of real estate covers only about 30 % of the face value of mortgages.
But household debts acquired at 30 to 50 percent of face value have been re-valued at up to 100 percent.
In fact, investors seeking safety bought even more of the downgraded U.S. debt, pushing prices on 10 - year U.S. Treasuries to within a fraction of face value and yields to an all - time low of 2.13 %.
Losses of only a few percent of face value therefore would be enough to wipe out even the best - capitalized derivatives traders.
While there's no way of knowing for sure, estimates of the face value of all derivatives outstanding tops a quadrillion (1,000 trillion) dollars, or more than 14 times the entire world's annual GDP.
By November 2012, our bonds — now with about five years to go before they matured — were selling for 95.7 % of their face value.
Bond prices are quoted as a percentage of the face value of the bond, based on $ 100.
Money Control IPOs The price band of the issue is Rs 54 - Rs 56 per equity share of the company of face value of Rs 10 each.
Bonds issued by offshore unit HNA Group International were bid at 96.5 percent of face value, Eikon data showed on Jan. 12.
A phone call can put you in touch with an invoice factoring expert who will work with you and your company to convert up to 95 percent of the face value of your accounts receivables into the working capital needed to solve your cash flow problems.
Some food stamps recipients will sell some of their food stamps for a fraction of the face value to get cash.
... «Teachers are having to confront whether you take the public statements at some sort of face value, or... address their validity,» Levinson says.»
State laws allow bail bond companies to charge defendants a premium of up to 12 percent of the face value of the bond imposed by a judge, in exchange for a promise to pay the full amount to the court if the defendant doesn't show up for trial.
Concurrently with the restructuring discussions, one of the Project's bank lenders, UniCredit, sold its loan to a fund of Texas Pacific Group (TPG) / Citibank at approximately 30.75 % of its face value.
Many collections agencies have begun subscribing to the «you catch more flies with honey than vinegar» philosophy; «we know it may be very difficult for you right now, so we'll make you a deal to settle the debt for 80 % of face value, and you'll never hear from us again».
(Or do they only get to claim the 70 - 50 % of the face value as a loss and write it off)
Usually stated as a percentage of the face value of the loan (points).
Because the amount of market discount, two points, is less than the de minimis amount (which in this case is 2.5 points, or 0.25 percent of the face value of a bond times the number of years between the bond's acquisition and its maturity), the market discount is considered to be zero and the difference between purchase price and sales price or redemption is generally treated as a capital gain upon disposition or redemption.
Under the de minimis rule, if a bond is purchased with a small amount of market discount — an amount less than 0.25 percent of the face value of a bond times the number of complete years between the bond's acquisition date and its maturity date — the market discount is considered to be zero.
For example, if a long - term bond paid 10 % of its face value and interest rates went down to 5 %, you'd have to pay $ 2000 for a bond with a face value of $ 1000 (oversimplified, see below).
For example, if a bond is selling at 95, it means that the bond may be purchased for 95 % of its face value; a $ 10,000 bond, therefore, would cost the investor $ 9,500.
However, since they deal with a number of transactions, you need to make sure that you are asking for a realistic amount — ideally, the amount should not exceed 85 % of the face value.
To calculate the value of a zero - coupon, we only need to find the present value of the face value.
Futures margin generally represents a smaller percentage of the notional value of the contract, typically 3 - 12 % per futures contract as opposed to up to 50 % of the face value of securities purchased on margin.
A «charged - off» account is one the bank deems unlikely to be repaid, but may sell to a debt buyer, usually for a fraction of face value.
Bonds are not necessarily issued at par (100 % of face value, corresponding to a price of 100), but bond prices will move towards par as they approach maturity (if the market expects the maturity payment to be made in full and on time) as this is the price the issuer will pay to redeem the bond.
Treasury sells Series EE bonds for one - half of face value and Series I bonds at full face value.
Origination Fee The fee charged by a lender to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the face value of the loan.
In Florida, a nice, young, topless lady will cash his check for him, in return for 5 % of face value (they closed the topless Dunkin Donuts back in the late 80's, though: --LRB-
If you purchase airline gift cards with the reimbursement (some work) and value those at 80 % of face value that gives you another $ 320 in cash plus $ 200 in uber credit.
With 30,000 points you'll end up with close to $ 330 in gift cards, you should be able to get 80 % of face value for these cards which would result in a cash value of $ 264.
On a $ 1,000 bond, one point represents 1 % of the face value of the bond or $ 10.
Considering the low likelihood that such bad debt will ever be repaid, debt buyers make their money by taking over these obligations for a fraction of their face value and aggressively going after consumers for payment using letters, calls and lawsuits.
The amount is typically 0.25 % of the face value of the GIC multiplied by the number of years to maturity.
A company issuing a bond is selling a series of future payments: the regular coupons, and the maturity payment of the face value.
When Gulf's stock rose handsomely as the nation emerged from the Depression, Evans used his profits to buy Porter bonds, then selling for a small fraction of their face value.
Gift cards can be redeemed in increments of 3,500 for $ 25 of face value.
Similarly, some government bonds were reinstated at 2.5 % of face value, to be paid after reparations were paid.
Earlier this month, The Chronicle reported an undisclosed private equity fund bought the $ 40.8 million note on 250 Montgomery St., about half of its face value, after owner Lincoln Property Co. fell into default on the loan.
The interest on a fixed rate bond is set when the bonds are issued and is shown as a percentage of the face value of the bond.
When getting a payday loan, a person can borrow as much as $ 300 but actually receives less than 15 percent of the face value of the loan, which is the lender's fee.
Upon settlement, 100 % of the face value of the check is reimbursed to you automatically.
3) Allow «toxic asset» purchases using public funds only to the extent that the entire issuance of various securitized mortgage pools can be purchased «all or none» at a moderate percentage of face value.
The net proceeds to the issuer was $ 970 and therefore the premium Credit Suisse charged for the product was $ 25.89 ($ 970 − $ 944.11), or nearly 3 per cent of the face value.
The net proceeds to the issuer were $ 0.405 per $ 10, and therefore the premium Citigroup charged for the product was more than 2 per cent of the face value of the notes.
Remember, if you decide that selling a life insurance policy is a good idea for you, the influx of cash you will receive is only a fraction of the face value of the policy and the amount that your beneficiaries would receive upon your death.
Edit in response to additional comment by OP: The running yield changes from day to day depending on the daycount convention, but if the coupon is for 1 % of the face value payable on the last day of each quarter, then 1 % is what you get on the last day of each quarter.
They buy for cents on the dollar, with an average 3.3 % (of face value) paid during 2008 - 10.
For coupons, which are usually for a stated percentage of the face value of the instrument, the daycount convention does not matter unless the coupon is paid late or the bond is a callable bond that is called in between two coupon payments.
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