Posts in category

Treasury bills


Key business leaders yesterday urged the government to take action to end the harassment businesses face from VAT and tax authorities and extend the loan moratorium period to help them to recover from the coronavirus pandemic. Some 40-50% of businessmen will become defaulters if the loan repayment period is not extended until at least June …

By Jeffrey Armstrong (January 20, 2022, 6:09 PM EST) — The US Libor transition has captured the attention of the financial and legal press now that the benchmark has officially entered its downturn phase.[1] But another important interest rate index, in effect since 1981 and used to price American adjustable rate mortgages, or ARMs, will …

The markets are weird right now. The value of risk-free assets has gone completely off the rails, and if that doesn’t sound scary, keep reading. Sri Lanka is facing a debt crisis, yet its stock market has risen more than 60% in the past year. The Federal Reserve is preparing to raise rates to fight …

PRICES for government guaranteeslinks on offer could relax this week amid excess liquidity in the Iffinancial system. The Bureau of the Treasury (BTr) will on Monday offer 15 billion pesos in treasury bills (treasury bills), or 5 billion pesos each in 91-, 182- and 364-day securities. On Tuesday it will be auctioned off 35 billion …

Reading time: 4 minutes The past few years have highlighted just how volatile investments can be. As the new year approaches, it’s time for investors to learn from this volatility and diversify their portfolios. Diversification helps hedge against inflation, price declines, and other types of market volatility. With investments spread across various asset classes, sectors …

The Conservative Party has pulled the whip off Devon MP Anne Marie Morris after she rebelled to support a Labor initiative in parliament to cut VAT on energy bills. Morris said she was disappointed with the move, but insisted she would not apologize for supporting efforts to tackle the rising cost of living. She voted …

In the wake of compliance with the 65% loan-to-deposit ratio (LDR) policy of the Central Bank of Nigeria (CBN), deposits of banks and merchant banks with the umbrella bank fell by 58.14 % in 2021. Banks and merchant banks, through the Permanent Deposit Facility (SDF), deposit excess funds daily with the umbrella bank at an …

Bitcoin, the world’s largest cryptocurrency, has a well-established history of negative environmental impact, and that reputation has spread widely in the crypto space. Starting last year, part of the cryptosphere began to recede and work on self-regulation of the industry’s carbon footprint with the creation of the Crypto Climate Accord, reports the Financial Times. The …

It’s poisonous time for a government that needs to know that letting low-income households bear the brunt of the expected rise in energy bills in April is a political non-starter. After six months of high gas prices in the wholesale market, the regulator Ofgem’s pricing formula is likely to spew out a figure close to …

Families are bracing for bank balances to suffer in mid-January, unlike the monthly child tax credit payment. More than 30 million households began receiving up to $ 300 per child in July after Congress temporarily turned an annual tax break into a near-universal monthly benefit. Families spent the money on essentials like groceries and hid …