
Budget 2017-18 - Budget Paper No. 1
... Treasury Bonds and TIBs, a coupon rate (the annual fixed interest rate paid on the security). Concentrating CGS issuance into a limited number of lines (rather than issuing securities with a specific time value, such as 10 years) ensures each line is sufficiently large that it can easily be traded i ...
... Treasury Bonds and TIBs, a coupon rate (the annual fixed interest rate paid on the security). Concentrating CGS issuance into a limited number of lines (rather than issuing securities with a specific time value, such as 10 years) ensures each line is sufficiently large that it can easily be traded i ...
The European Redemption Pact (ERP)
... billion. Assuming a nominal GDP growth rate of 3 % (which corresponds to real growth of 11.5 %) Italy would have repaid its debt in the debt redemption fund after 23 years. With lower growth rates, the redemption period would be longer. However, the assumption of a nominal GDP growth of 3 % is alrea ...
... billion. Assuming a nominal GDP growth rate of 3 % (which corresponds to real growth of 11.5 %) Italy would have repaid its debt in the debt redemption fund after 23 years. With lower growth rates, the redemption period would be longer. However, the assumption of a nominal GDP growth of 3 % is alrea ...
Investment financing statistics (government expenditures, credit to agriculture, ODA, Foreign Direct Investment and Country Investment Profiles)
... who use farmland as collateral against loans, even if their primary income is nonagricultural from a different industry, but whose farms can act as collateral against loans. ...
... who use farmland as collateral against loans, even if their primary income is nonagricultural from a different industry, but whose farms can act as collateral against loans. ...
Credit default swap and bond markets: which leads the other?
... a portfolio made up of a bond and a CDS. As the CDS is meant to hedge the default risk, a long position in this portfolio is roughly equivalent to holding a risk-free asset. Therefore, the return on the portfolio, which is equal to the bond yield yt minus the CDS premium ct, must be close to the ris ...
... a portfolio made up of a bond and a CDS. As the CDS is meant to hedge the default risk, a long position in this portfolio is roughly equivalent to holding a risk-free asset. Therefore, the return on the portfolio, which is equal to the bond yield yt minus the CDS premium ct, must be close to the ris ...
Annual Report 2014 - Smartgroup Investors
... Our results validate the successful execution of our strategy outlined above. Smartgroup continues to perform strongly and the recent listing serves to motivate us further to do our best by shareholders. ...
... Our results validate the successful execution of our strategy outlined above. Smartgroup continues to perform strongly and the recent listing serves to motivate us further to do our best by shareholders. ...
Cordy Oilfield Services Inc. Reports Second Quarter 2016 Results
... complete strategic acquisitions and realize the anticipated benefits of any acquisitions that are completed, the Corporation’s outlook regarding the competitive environment it operates in, and the assumptions underlying any of the foregoing. Forward-looking statements are often, but not always, iden ...
... complete strategic acquisitions and realize the anticipated benefits of any acquisitions that are completed, the Corporation’s outlook regarding the competitive environment it operates in, and the assumptions underlying any of the foregoing. Forward-looking statements are often, but not always, iden ...
Filed pursuant to Rule 433 Registration No. 333
... The notes have been assigned a rating of “Baa2” with a stable outlook by Moody’s Investors Service, Inc. (“Moody’s”), a rating of “BBB” by Standard & Poor’s, a Division of The McGraw-Hill Companies, Inc. (“S&P”) with a stable outlook, a rating of “BBB(high)” with a stable trend by DBRS Limited (“DBR ...
... The notes have been assigned a rating of “Baa2” with a stable outlook by Moody’s Investors Service, Inc. (“Moody’s”), a rating of “BBB” by Standard & Poor’s, a Division of The McGraw-Hill Companies, Inc. (“S&P”) with a stable outlook, a rating of “BBB(high)” with a stable trend by DBRS Limited (“DBR ...
PDF, 348
... rate first leads to a decline in savings deposits and thus in credit supply. Savings that were used to provide loans go down, as their yields fall. Given the higher interest rates abroad, savers rather opt for transfering part of their funds abroad; as a consequence, net capital outflows rise. Furth ...
... rate first leads to a decline in savings deposits and thus in credit supply. Savings that were used to provide loans go down, as their yields fall. Given the higher interest rates abroad, savers rather opt for transfering part of their funds abroad; as a consequence, net capital outflows rise. Furth ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... suraljie. While they are easier to calculate than more appropriate ratios, and probably are more familiar, their use should be avoided if the other ratios are available. The ratio of financial intermediaries' net claims against business ' These ratios disregard the fact that the assets of linanclid ...
... suraljie. While they are easier to calculate than more appropriate ratios, and probably are more familiar, their use should be avoided if the other ratios are available. The ratio of financial intermediaries' net claims against business ' These ratios disregard the fact that the assets of linanclid ...
chapter 26 valuing real estate
... For the most part, real and financial assets seem to move together in response to macro economic variables. A downturn in the economy seems to affect both adversely, as does a surge in real interest rates. There is one variable, though, that seems to have dramatically different consequences for real ...
... For the most part, real and financial assets seem to move together in response to macro economic variables. A downturn in the economy seems to affect both adversely, as does a surge in real interest rates. There is one variable, though, that seems to have dramatically different consequences for real ...
Summary prospectus - John Hancock Investments
... The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not re ...
... The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not re ...
M18_MishkinEakins3427056_08_FMI_C18
... • If banks are required to show “market” value in financial records, a bank may appear undercapitalized, even though prices aren’t accurate • The criticism was made only when asset values were falling (2007–2009), not when asset prices were booming, making banks’ balance sheets look very good (early ...
... • If banks are required to show “market” value in financial records, a bank may appear undercapitalized, even though prices aren’t accurate • The criticism was made only when asset values were falling (2007–2009), not when asset prices were booming, making banks’ balance sheets look very good (early ...
PowerPoint 演示文稿
... From a short-term perspective, rebound demand exists in euro. On the one hand, US economy is disappointing, leading to the adjustment of US dollar index; on the other hand, it reflects the market expectation over EU economy recovery guided by QE. From technical point, euro and US dollar monthly curv ...
... From a short-term perspective, rebound demand exists in euro. On the one hand, US economy is disappointing, leading to the adjustment of US dollar index; on the other hand, it reflects the market expectation over EU economy recovery guided by QE. From technical point, euro and US dollar monthly curv ...
Identifying systemically important financial institutions
... The second strand of literature relating to this study is on measuring systemic risk contribution of individual financial institutions. Huang et al. (2010) develop a measure of systemic risk based on the credit default swap (CDS) prices. Two other candidates are the conditional Value-at-Risk (Adrian ...
... The second strand of literature relating to this study is on measuring systemic risk contribution of individual financial institutions. Huang et al. (2010) develop a measure of systemic risk based on the credit default swap (CDS) prices. Two other candidates are the conditional Value-at-Risk (Adrian ...
australian government monthly financial
... monthly financial statements to be consistent with the budget estimates. Accordingly and pursuant to the Charter of Budget Honesty Act 1998, this presentation covers the general government sector only. This publication does not include full note disclosures. With the introduction of Business Activit ...
... monthly financial statements to be consistent with the budget estimates. Accordingly and pursuant to the Charter of Budget Honesty Act 1998, this presentation covers the general government sector only. This publication does not include full note disclosures. With the introduction of Business Activit ...
Long-term investments - McGraw Hill Higher Education
... Examples of items not included in Net Income but which are part of Comprehensive Income include: Unrealized gains and losses on available-for-sale securities ...
... Examples of items not included in Net Income but which are part of Comprehensive Income include: Unrealized gains and losses on available-for-sale securities ...
Plan to live your dream
... Why Betty and Sam like the Lincoln OptiBlend fixed indexed annuity They know that their principal will be safe. Their Lincoln OptiBlend fixed indexed annuity gives them multiple ways to capitalize on U.S. stock market growth opportunities — even when market conditions are volatile. They’re glad that ...
... Why Betty and Sam like the Lincoln OptiBlend fixed indexed annuity They know that their principal will be safe. Their Lincoln OptiBlend fixed indexed annuity gives them multiple ways to capitalize on U.S. stock market growth opportunities — even when market conditions are volatile. They’re glad that ...
Financialization

Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.