The post Government debt maturities
to reach e1/40.9bn next year appeared first on Cyprus Mail .
At small banks, asset maturities
are getting longer and liability maturities
are getting shorter, a worrisome combination.
Regarding treasury bonds sold in foreign currency during the second quarter of the 2013/2013 fiscal year, the Ministry stated that Euro-denominated bills with 364 day maturities
totalled e1/44.996bn, with those dollar-denominated bills totalling $2.973bn.
A company can finance itself with a loan that is as long as the project lasts (or longer or, alternatively, with equity), i.e., until it amortizes; this will imply matched maturities
. Alternatively a company can finance itself with a loan of a shorter maturity than it needs to amortize the project.
Myers (1977) recommends matching debt and asset maturities
to control agency conflicts between shareholders and bondholders.
(4) For a robustness check, we also use four-and five-year maturities
to distinguish short-term from long-term debt.
"For an individual, it's the intermediate maturities
We match the maturities
, risk ratings, and other contract terms of over 6,000 individual new loans to small businesses in 1997 from the Federal Reserve's Survey of Terms of Bank Lending (STBL) with Call Report data on the 53 large U.S.
Until recently, however, the city had not been able to fine tune its investment program to accurately match maturities
with its future cash flows.
That's because Treasurys have maturities
of 6 months and 2, 5 and 10 years.
The bonds were issued with 10- and 5-year maturities
respectively, a premium guarantee that they will pay a real rate of interest above inflation, and a face value which will not drop below the value at issue should deflation occur.
Shows the dynamic interrelationship between planning horizons and strategic planning maturities