ceiling

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Related to Interest Rate Caps: Interest rate cap and floor, Interest Rate Floors

ceiling

Vox populi A maximum, upper limit. See Glass ceiling, Nondisclosure ceiling.
References in periodicals archive ?
The credit squeeze to SMEs is a deliberate effort by commercial banks to sabotage the economy so that the government may influence Parliament to remove the interest rate caps," Mr Njomo said.
He pointed out that the interest rate cap has made it difficult for persons running SMEs to access loans from banks.
As the interest rate cap marks a year since it came into force, an inter- nal CBK study has already indicated tougher times for the banking sector and the multiple ripple effects on the Kenyan economy.
Commonwealth legislation introduced a cap on payday loans in July 2013 which supersedes the state and territory-based interest rate caps, and together with further Regulations in June 2014, make it clear that broker costs do not sit outside the small amount loan cap.
In January, the Legislature will take up House Bill 267, a bill placing an interest rate cap of 36 percent APR on payday and auto title loans.
Transferable interest rate caps are considered freestanding derivatives.
In addition, the amount of interest expense would be subject to the interest rate caps based on Moody averages.
The collateral manager notified Fitch of its intention to extend the maturities of interest rate caps currently in place in order to hedge Tenzing's floating-rate liabilities against potential future rises in interest rates.
In view of the above, banking sector analysts predict that in the face of interest rate caps and prudent reporting required by IFRS 9, SMEs may, unfortunately, be caught in the middle - with their access to credit woes expected to increase in 2018.
We realised interest rate caps may be here to stay.
Excluding the impact of mark-to-market of interest rate caps and share-based compensation the company's first quarter 2010 net income was USD46.
119 specifically mentions -- * interest rate swaps * interest rate caps * forward interest rate agreements * option contracts * interest rate collars * interest rate floors * futures contracts * fixed rate loan commitments * commitments to purchase stocks or bonds