Sentences with phrase «than swap rates»

Not exact matches

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.

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.

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.

The market - implied odds of a December rate increase have slid to less than 50 percent, versus as high as 80 percent last month, according to overnight index swap data compiled by Bloomberg, fueled by a slew of weak data prints.

For those who make their first steps in Forex trading, the swap in our case is the interest rate differential between NZD and USD, which turns out to be positive since the NZ rate is higher than the US rate.

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).

In the case of a portfolio credit - linked note, the rate reflects the combined creditworthiness of a portfolio of companies underlying the credit default swap rather than a single company.

The collateral and leverage are similar; the main difference is that Deerfield uses swaps and floors to manage interest rate risk, and Annaly uses longer repo terms (1 - 3 years) than Deerfield (0 - 3 months).

Personally, I find swap rates more comparable across countries than sovereign obligations.

And panic there is: even with the rebound of the past two days, the stock is down 44 % since the Deepwater Horizon accident, the credit - default swap spreads have widened to all - time highs, seven analysts have cut their rating this week alone, and well - known energy investment banker Matt Simmons said on Wednesday that «I don't think BP is going to last as a company for more than a matter of months.»

This portfolio invests in derivative instruments such as swaps, options, futures contracts, forward currency contracts, indexed and asset - backed securities, to be announced (TBAs) securities, interest rate swaps, credit default swaps, and certain exchange - traded funds that involve risks including liquidity, interest rate, market, currency, counterparty, credit and management risks, mispricing or improper valuation, low correlation with the underlying asset, rate, or index and could lose more than originally invested.

Ontario's Liberal Premier, Dalton McGuinty, might want to reflect on the British experience as he ponders NDP Leader Andrea Horwath's offer to swap New Democrat votes for a higher marginal tax rate for Ontarians with taxable incomes greater than $ 500,000.

It gains exposure to asset classes by investing in more than 100 futures contracts, futures - related instruments, forwards and swaps, including, but not limited to, equity index futures and equity swaps; bond futures and swaps; interest rate futures and swaps; commodity futures, forwards and swaps; currencies and currency futures and forwards, either by investing directly in those Instruments, or indirectly by investing in the Subsidiary that invests in those Instruments.

We generally provided credit default swap protection on the most senior liabilities of structured finance transactions, and at inception of the contract our exposure generally had more subordination than needed to achieve triple - A ratings from credit rating agencies (referred to as «Super Triple - A» exposure).

Why not use credit default swap rates to determine credit quality rather than the «official» bond ratings?

The Company generally provided credit default swap protection on the most senior liabilities of structured finance transactions, and at inception of the contract its exposure generally has more subordination than needed to achieve triple - A ratings from credit rating agencies (referred to as «Super Triple - A» exposure).

I use 10 - year swap rates here because they are more comparable than government bond rates.

@event... The coupon rate on a 30 year fixed rate bond was probably higher than a comparable swap rate, which provided the opportunity for this «arbitrage.»

Our debt ratings utilize fixed income market data such as bond - implied gaps and credit default swap spreads as well as traditional credit analysis to arrive at a debt rating that we feel is more accurate and timely than conventional debt ratings.

If you're going to transfer less than 200,000 Marriott Rewards points to AAdvantage you're limited to transferring them in a straight points to miles swap at the following conversion rates (click to enlarge):

Would anyone have invested in a Canadian non-bank sponsored ABCP if shown a list of assets containing 59 per cent leveraged super senior swaps insuring risky loans of a number of European banks, where the return would be only marginally higher than treasuries, even if a rating agency gave it an AAA?

If you held a cryptocurrency asset for less than one year before selling it or swapping it for a different virtual currency, you are taxed at your ordinary income tax rate.

Trading and market making for bitcoin (XBT) pose no more challenges than dealing in foreign currencies, derivatives, or interest rate swaps.

At the same time, we expect the national homeownership rate to climb from 68 percent today to 70 percent in 2010, with more than 2 million households swapping renting for owning.

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.

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.

We offer our customers access to more than 200 financial products including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures and structured products.