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Lock-in prices are generally lower than the current market rate, which is $1.53 a gallon.
Typically, New Era tenants pay £180 to £200 a week – less than half the current market rate in the area.
In turn, he said, "we believe we can increase average rents on that space from $19 to the current market rate of $24 a square foot".
But "the current market rate would lock Britain in forever at an uncompetitive rate," said Michael Klawitter, a strategist at WestLB.
At the current market rate, building a 95-win team with free agents alone would cost $230 million — even more than the Yankees' payroll.
The government has guaranteed a price of £92.50 to EDF for every megawatt hour of electricity generated, despite concerns that that is more than double the current market rate.
Similar(23)
At current market rates, these would be worth some $500m.
This could also affect people with guaranteed annuity rates much higher than current market rates.
At current market rates, these would be worth as much as $500m.
After redeeming some debt, issuers could reap additional savings by refinancing the rest at current market rates.
All told, those companies racked up about $4 billion in losses since they paid more than current market rates.
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