Today's historically low interest rate market results in extremely low yields on Treasury obligations
, and- unfortunately for owners of property subject to conduit loans-also results in an increase in the cost of defeasance due to the increased amount of Treasuries necessary to cover the loan payment obligations.
Market makers rely on Treasury obligations
to hedge a great variety of transactions and positions.
The yield to maturity is less than the sum of the yield on Treasury obligations
with comparable maturities plus 5%.
, less a percentage adjustment for the dividend rate on the CAP.
and repurchase agreements (repos) backed by such obligations.
In relation to the transition of money fund assets, approximately USD 236m in prime money market assets will be reorganised from the Huntington Money Market Fund into Federated Prime Cash Obligations Fund, and approximately USD 870m will be reorganized from the Huntington US Treasury Money Market Fund into Federated Treasury Obligations
-58,940 13 Net foreign purchases (+) or sales (-) of U.
and on fixed-rate mortgages dropped slightly.
are held by foreign investors.
maturing on or prior to the dates needed to pay debt service on the 2011A bonds; 3) all payments of interest and purchase price on the 2011A bonds due on or before the term rate period mandatory tender date being made from the 2011A Project Fund or from proceeds of remarketing or refunding the bonds; and 4) representations that certified public accountants will verify that amounts deposited in the Project Fund will be sufficient to cover all payments of interest and purchase price of the 2011A bonds due on or before the term rate period mandatory tender date, without regard to investment income.
In relation to the transition of money fund assets, approximately USD236 million in prime money market assets will be reorganized from the Huntington Money Market Fund into Federated Prime Cash Obligations Fund, and approximately USD870 million will be reorganized from the Huntington US Treasury Money Market Fund into Federated Treasury Obligations
36,956 -58,940 13 Net foreign purchases (+) or sales (-) of U.
The resulting improvements in the financial conditions of households and businesses are evident in several indicators: Delinquencies on consumer loans and home mortgages have declined, ratings for a number of firms have been upgraded, and yield spreads have narrowed on private fixed-income securities relative to Treasury obligations
According to the firm, the Ultra Insured Money Market Account helps individuals and joint account holders consolidate multiple banking relationships into one convenient account, enables businesses to earn interest with limited account transactions, and provides an interest-bearing solution for public entities that are mandated to have deposits either FDIC-insured or backed by US Treasury obligations
22,001 36,956 -59,208 13 Net foreign purchases (+) or sales (-) of U.