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The next step is to reduce long term borrowing costs by buying back bonds.
The council has paid it £10.5m in interest alone on construction debts and long term borrowing over the last two years – nearly half of ESP's overall income.
Finally, he does not want the rise in long term borrowing costs that's greeted all this taper talk to get out of hand.
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Rome's long-term borrowing costs are still more than three times higher than Berlin's.
That will mean lower long-term borrowing costs for households and companies.
Though the move by the ministers might reduce some long-term borrowing by I.M.F.
Analysts said today's downgrade would have little immediate effect on Ford's long-term borrowing costs.
The US was downgraded last August by Standard & Poor's and subsequently saw long-term borrowing costs fall.
Spanish long-term borrowing costs, which spiked to a euro-era record earlier in the week, are still perilously high.
The purchases would be intended to reduce long-term borrowing rates to encourage spending and strengthen the economy.
The purchases are intended to lower long-term borrowing rates to encourage spending and strengthen the economy.
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