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Exact(12)
Another major concern has been the foreign demand for securities issued by the two companies.
The excess demand for securities drives the rate of interest down and this encourages investment and discourages saving.
Global corporate and investment banking profit fell 47percentto to $230 million, on weaker demand for securities underwriting.
Similarly, an increase in planned saving will tend to create an excess demand for securities, to raise their prices, and to lower the rate of interest.
The simplest answer is that a decline in planned investment will be associated with a reduction in the amount of securities floated on the market and thus with the emergence of an excess demand for securities.
Think of the demand for "securities" — lumping together all the stuff that's in trouble, from subprime to Alt-A to corporate bonds, as if it were all the same.
Similar(48)
"There is a big demand for security.
Demand for security guards also appears to be rising.
The demand for security on loans varies from country to country.
We have noticed demand for security systems for parking lots, airports and border crossings".
But here in East Africa, it is clearly the surging demand for security checks that has created most of the backlog.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com