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It allows the establishment of minimum premium interest rates for country credit risk.
While a watch commissioned through Ateliers Cabinotiers carries a minimum premium of 50 percent compared with similar models in the watchmaker's collection, for pieces with simple aesthetic customizations, the sky is very much the limit for custom models equipped with brand new calibers, said Hugues de Pins, president of Vacheron Constantin North America.
The purchase of 17,000 calls at the April $45 strike for a premium of $0.78 Thursday likely represents the closing portion of a previously established short call position, for which the investor initially received a minimum premium of $2.92 per contract.
The minimum premium for exemptions is GH14 ($10).
The informal sector workers would pay an annual minimum premium between Gh¢7.2 and Gh¢48 (approximately US$4.8 to US$32, using an interbank exchange rate of US$1 = GH¢1.5 as at November 2010) per person.
All adults who do not contribute to the national social security scheme (mostly the informal sector workers) have to pay an annual minimum premium of GH¢7.2 (US$4.8).
Similar(54)
No, the new national living wage is a misnomer: it is really a "minimum wage premium" for those 25 and over.
To start off, a Max Vijay customer fills in a one-page form, provides a proof of identity and pays a minimum enrollment premium ranging from Rs. 1,000 to Rs. 2,500 ($20 to $52).
And minimum monthly premiums for a 34-year-old smoker wanting the same cover would shoot up to £18.20.
Signatories to the "OECD arrangement" agree to maximum loan maturities, commercially-based interest rates and minimum risk premiums for insurance.
Leaving the terminological muddle to one side, the budget's establishment of a premium minimum wage has very real implications for families, employers, campaigners and politics more widely.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com