Word: convertibles
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...swap agreements China has hashed out circumvent most of these problems. A Malaysian clothing store, for example, that buys shirts and dresses from China can now use its local currency, the ringgit, to pay for its purchases. Because it no longer has to pay a bank a fee to convert ringgit into dollars, transaction costs are reduced. Similarly, a Chinese company buying Malaysian palm oil can make its purchases in yuan. (Read about the economies of South Korea, Taiwan, Hong Kong and Singapore...
...that had been used to hedge risk from the variable debt.According to the University’s annual financial report issued in October, “the interest rate exchange rate agreements were not entered into for trading or speculative purposes,” but were rather used to convert variable-rate borrowings to a fixed rate. The Forbes and Bloomberg stories stated that the interest rate swaps dated back to former University President Lawrence H. Summers’ tenure, when Harvard began considering its ambitious Allston campus expansion. With interest rates favorably low and little inflation on the horizon...
Stock said that faculty had discussed offering two junior seminars in the next term, but ultimately concluded that it would be better to convert them to open-enrollment courses. These classes will be taught on similar course topics, but will not be restricted to the 16-student limit of junior seminars...
...because the sprawling bank has generated nothing but frightening headlines in recent months. Like the other big banks, Citi received billions in aid from the government, and has been back to the government's well more often than most. Last month, the Treasury, along with private investors, agreed to convert some of their Citigroup preferred shares into common stock, which will strengthen the company's capital position. All told, the government has injected $45 billion into Citi by buying preferred shares; it has also insured the bank against losses on as much as $300 billion in loans and bonds...
...comeback fashion on Sunday afternoon at Rohnert Park, Calif. With the win, Harvard advanced to 5-7 overall on the season and 1-1 to start its six-game West Coast trip. Sonoma State jumped to an early 3-1 lead in the first quarter with Harvard failing to convert on several initial opportunities. The Crimson still trailed the Seawolves 6-3 at the half. “It took us a little while to adapt to the officiating, and we got into a little foul trouble early,” Farrar said of the first half. In the second...