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Business Wire (Free subscription) | 7 hours ago
Conwert Immobilien Invest SE Chooses SuperDerivatives to Support its FX and Interest Rates Derivatives BusinessLONDON--()--Conwert Immobilien Invest SE has selected SuperDerivatives, the benchmark for derivatives pricing, to hedge cross-border currency exposures and to strengthen and expand its capacity to trade interest rate derivatives. Conwert has deployed SuperDerivatives’...
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Vietnam Business Finance (Free subscription) | 10 hours ago
Despite the decreasing lending interest rates occurring after the basic interest rate decrease to 11% and the lower required compulsory reserves ratios, the disbursement by banks has still been going slowly. Experts say that the interest rates need to be slashed further to stimulate demand and pave the way for capital to flow into the national...
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The Earth Times Online Newspaper (Free subscription) | 14 hours ago
IRVINE, CA -- 12/01/08 -- Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced that variable interest rates on $154.4 million of its outstanding bank term loans were reset in late Nov. 2008 at an average nominal rate of 4.13 percent. The varia..
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The Earth Times Online Newspaper (Free subscription) | 14 hours ago
IRVINE, CA -- 12/01/08 -- Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced that variable interest rates on $154.4 million of its outstanding bank term loans were reset in late Nov. 2008 at an average nominal rate of 4.13 percent. The varia..
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People Daily (Free subscription) | 13 hours ago
A number of Vietnam's commercial banks have slashed their lending interest rates to the lowest level of this year, in response to the State Bank of Vietnam's move to reduce the prime interest rate. The Agricultural and Rural Development Bank (Agribank) was the first to reduce its annual lending rate of Vietnamese dong to 11 percent per year, easing businesses'...
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InformedTrades (Free subscription) | 14 hours ago
Forex traders pushed the Australian dollar higher despite a hefty 1.00% interest rate cut as the RBA signaled it was done lowering borrowing costs...
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Hindu (Free subscription) | 1 hour ago
TUTICORIN: Tamilnad Mercantile Bank has increased its domestic term deposit interest rates for a maturity period of three years by 50 basis points upwardly with effect from December 1. It was aimed at encouraging the habit of saving among the ...
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Greg Mankiw's Blog (Free subscription) | 4 hours ago
According to U.S. Treasury data , the five-year real interest rate from the TIPS market on 11/28/08 was 4.17 percent. Yesterday , it was 2.03 percent. What happened? It appears to be a figment of data construction. Here is how the data are made: Real yields on Treasury TIPS (Treasury Inflation Protected Securities) at "constant maturity" are interpolated by the U.S. Treasury from Treasury's...
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CERN Document Server (Free subscription) | 8 hours ago
We consider the problem of hedging a European interest rate contingent claim with a portfolio of zero-coupon bonds and show that an HJM type Markovian model driven by an infinite number of sources of randomness does not have some of the shortcomings found in the classical finite-factor models. Indeed, under natural conditions on the model, we find that there exists a unique hedging strategy,...
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The Telegraph (Free subscription) | 8 hours ago
Former UK policy maker Willem Buiter said that the only thing stopping the Bank of England from cutting interest rates to zero on Thursday is a fear that it will turn sterling's recent weakness into a "rout".
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High Riser (Free subscription) | 12 hours ago
The bank housing loan interest rate has dropped again. We have had nine mortgages in our time and we were in there up to our necks when the rate reached over 17% (it wasn't quite as bad as it sounds, different times). Never once have we ever fixed the rate. From what have observed, each time, we would have lost as against the variable rate. Occasionally I have been...
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San Fransisco Chronicle (Free subscription) | yesterday
Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The Fed's key interest rate now...
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UK Cash Loans (Free subscription) | yesterday
Credit Card interest rates resume narrow decline BusinessWeek - 5 hours ago The average annual interest rates charged on popular types of credit cards fell slightly this week, resuming a multiweek decline after wavering last week, … Read the rest [...]
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The Telegraph (Free subscription) | 3 hours ago
Up to a million homeowners will not see the full benefit if as expected the Bank of England reduces interest rates by a full percentage point on Thursday.
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Washington Post (Free subscription) | yesterday
The Federal Reserve stands ready to cut interest rates further and to expand its novel efforts to inject cash into various corners of the financial markets, Chairman Ben S. Bernanke said today as he laid out various steps the central bank could take to further stimulate the economy.
