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Exact(14)
That reduced Italy's huge interest rate payments and helped bring down the deficit even more.
The yields - or interest rate payments - were at similar levels to recent auctions.
The banks will also have to meet heavy interest rate payments on the preference shares being bought by the government which carry a coupon of 12%.
He reiterated that Italy was on course to reach a balanced budget by 2013, with a primary surplus, excluding interest rate payments, of 5 percent.
The de la Rúa government had already cut interest rate payments on domestically held bonds and had failed to pay any interest on several bonds in its final days in office.
The returns have plunged in the last 12 months because more investors are fighting for access to the bonds, which allows companies to reduce the interest rate payments that they offer to bondholders.
Similar(44)
Sit down with all your statements and list each debt, interest rate, payment period and minimum payment.
Thanks to the Fed's price fixing, our interest rate payment is about $200 billion, or just above an average rate of 2%.
Review the paperwork for the card with your teen, going over the interest rates, payments, and charges.
… The cost of exchanging fixed for floating interest-rate payments for two years climbed to a record high as investors sought to lock in rates.
Among the department's tasks was managing interest-rate risk, ensuring that the bank did not find itself locked into paying out more in interest on the money it borrowed — bonds and deposits — than it was receiving in interest-rate payments from its loans.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com