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Last Tuesday, LCH Clearnet, a company that acts as an intermediary in bond and other trading, said it would impose a steeper discount on Italian bonds used as collateral.
He is now selling Hugo Boss suits and other designer labels for Century 21 — if at a steeper discount than he was accustomed to — just a few blocks from his home in Lefrak City.
The Japanese government and Nippon Telegraph and Telephone plan to sell $14.1 billion of the company's shares at a steeper discount -- 3percentto5percentcent -- than last year because demand for the stock is not as strong.
For many GC's, it remains easier to negotiate a steeper discount from law firms than to effect structural and cultural change.
Whether Wall Street fund managers still want to sit on this defaulted debt and hope for a recovery value in the 30s or 40s, or dump it to foreigners at, perhaps, even a steeper discount remains to be seen.
But if the item you haggle happens to be a popular item amongst other NetHaggler users, then NetHaggler will negotiate a volume pricing or bulk deal that will produce a steeper discount, says Iluri.
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The 44% stake could be had for $13 million at current prices, a steep discount from a year ago.
(The piece sold at what amounted to a steep discount).
But perhaps just as important was a steep discount by a decidedly non-indie retailer.
Greek bonds already trade on open markets at a steep discount to their face value.
They would then become eligible as collateral again, albeit at a steep discount.
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