are also expected to raise their short-term prime rates
This article addresses the disparate features of the data by employing a dynamic ordered probit model of changes in the prime rate
to test for two types of possible asymmetry in the prime.
Clearly, the average prime rate
is not the only independent variable that influences underwriting combined ratios.
The prime rate
, charged on loans of one year or longer to the most creditworthy corporate borrowers, is usually set 0.
With the expected hike in the long-term prime rate
, the short-term prime rate
charged on loans of less than one year, currently at 1.
Dollar Bank announced on Wednesday, January 31, 1996 that it was lowering its prime rate
from 8-1/2% to 8-1/4% effective February 1, 1996.
It is the fourth straight month that Mizuho has cut the long-term prime rate
to a record low.
will retain his position with Prime Rate
and its companion companies IFCO, Inc.
INVESTORS (Pink Sheets:PRRM) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film.
Japan's two other long-term credit banks -- the Long-Term Credit Bank of Japan and Nippon Credit Bank, which are both under temporary state control -- are also expected to keep the prime rate
4 /PRNewswire/ -- Pilgrim Prime Rate
Trust (NYSE: PPR), a $724 million closed-end fund, has declared a monthly dividend of 6.
Investors (Pink Sheets:PRRM) is a multimedia holding company with interests in outdoor sports, retail, e-tail, print, web, television and film.
As the portfolio's loans continue to reset to fully reflect recent rate increases, management expects that the Trust's annualized NAV distribution rates will again equal the posted prime rate
, which rose to 7.
16 /PRNewswire/ -- Dollar Bank announced today that it was raising its prime rate
from 7-1/4% to 7-3/4%, effective immediately.
LOS ANGELES, July 5 /PRNewswire/ -- Pilgrim Prime Rate
Trust (NYSE: PPR), a $722 million closed-end fund, today declared a monthly dividend of 5.