The ECB will buy unlimited quantities of securities whose maturities are three years or less, but sterilise (or offset) the bond purchases with sales elsewhere.
So to prove that it had not stooped to printing money, the bank promised to offset the bond purchases, which totaled 26.5 billion euros ($32.6 billion as of May 24, the most recent data available), by taking in a like amount in short-term deposits from banks.
Pretrial services that offset high bonds cost between $2.50 and $10 a day per person, according to Frosh, as opposed to the $83-15383-153 tog to hold someone in jail.
For example, it would have to abandon its practice of offsetting its bond purchases by taking in equal amounts in commercial bank deposits.
Over all, there was a trading loss of $97,000, partially offset by $25,000 in bond interest.
[A20.] Income Falls for Lehman Brothers Lehman Brothers Holdings reported that its second-quarter net income fell 31percentt as a decline in merger advisory work and stock underwriting more than offset strength in bond operations.
Where he has taken loans, he says, they could be repaid within 72 hours, or when carried for tax purposes, were offset by Treasury bond holdings.
The remainder is passed along to refineries, and offset by "oil bonds" that the government issues to these refineries.
A relationship-focused group intervention may be an effective means of helping these mothers and infants to strengthen their early attachment bond and offset some of the deleterious outcomes that have been reported for children of incarcerated parents.
The so-so performance of funds investing primarily in long-term government bonds, which rose 1.2 percent, offset strength in high-yield bond funds, which gained 4.4 percent.
