Sentences with phrase «when auction rate»

However, when auction rate securities fail to settle at auction, which occurred in fiscal 2008, and conditions leading to their failure to auction create uncertainty as to whether they will settle in the near - term, we classify them as long - term consistent with the contractual term of the underlying security.

Not exact matches

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible seAuction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible securRate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible seauction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible securrate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible seauction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised on a convertible security.

When bidding noncompetitively you don't have to specify the rate or yield you're willing to pay, but you're limited to a maximum of $ 5 million in a single auction.

The company was suddenly short millions of dollars when Lehman Brothers, which had managed its money, dissolved, but early this year managed to access those auction - rate securities and sell them for nearly $ 12 million to keep running.

It was quite a statement when UBS began reducing the prices on some auction rate securities.

No, when they failed, those that relied on the implicit idea that «auction rate preferreds are a safe reliable way to earn extra money in the short run» got hosed.

Auction - rate preferreds — a stable business for so long, but when creditworthiness became a question, the whole thing fell apart.

As investor complaints to states increased, the North American Securities Administrators Association announced in April 2008 the formation of a multi-state Task Force, comprised of securities regulators in 12 states, to investigate whether the nation's prominent Wall Street firms had systematically misled investors when placing them in auction rate securities.

The move comes at a time when interest rates are on the rise after the treasury auction which was covered by The Student Loan Report.

Due to the prolonged nature and the severity of the decline in the value of the two auction rate securities that have failed to settle since the second quarter of fiscal 2008 and no clear indication of when they might settle, we determined that the unrealized loss was no longer temporary.

Long - term investment securities include any investments with remaining maturities of one year or more and auction rate securities for which we are unable to estimate when they will settle.

This is one area where the auction - rate securities market initially hurt matters when it blew up, but there was a feature that said that the auction rate bonds could not receive more than the student lenders were receiving.

In reference to debt securities, a type of auction when a competitive bidding process establishes the interest rate on a security (typically municipal or corporate bond).

5) Auction rate preferred securities — when I was younger, I wondered how they worked.

(The London sales were in pounds, determining the record prices, which vary when converted to US dollars based on exchange rates at the time of each auction.)

The county gets 18 % interest, but You as the certificate holder get the interest rate that was bid when the certificate was sold, and you Pay the accrued 18 % interest on the other other certificates outstanding that You have to redeem, when you want to send Your certificate to the tax deed auction.