Word: borrower
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Dates: during 1980-1989
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...major concern for these countries is the size of the Reagan defense budget and its effect on the Latin American economy. According to Womack, a Democratic President would make it easier for Latin American countries to borrow money. "With a lower defense budget, there would be a decline in the real rate of interest, and a higher possibility for exporting into the U.S. The ability of Latin American countries to export products has decreased a lot in the last four years...
...bond issue, known as series E. Carries--in a very limited sense-a variable rate, because Harvard can call in the bonds at certain specified time periods, pay off bondholders, and then borrow the money again at a new interest rate...
...says that Sallie Mae recently received an 'AAA' rating for credit worthiness making it one of only three financial institutions in the country with the highest possible rating. This means the company can borrow at lower interest rates and increase its profits handsomely...
Cambridge will find it easier and cheaper to borrow money, since the Standard and Poor's Corporation bond rating service upped the city's credit rating from BBB + to A -, city officials said yesterday...
...back on its IDA contributions. If credit-worthy beneficiaries like India (which now gets one-third of the IDA'S largesse) and China were forced to borrow at the bank's subsidized interest rates, according to the report, the poorer countries could receive higher levels of aid. To qualify for the grants, which, technically, must be repaid within 50 years, a country must have a per capita income of less than...