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The bank with the higher rate agreed to match the lower one.
The Daily Telegraph, which carried a page 1 story headlined "Bosses blitz Labour's 50p tax rate", agreed.
The rate agreed with EDF is cheaper than the £155 per megawatt hour which the government promises offshore wind farms (falling to £135 in 2018).
The firm has the alternative of buying dollars at a rate agreed upon now for which it does not have to surrender euros until three months have passed.
However, it is a big change for the millions of standard current account holders, who have got used to a mix of "carrots" and "sticks": a 0.1% in-credit interest rate, agreed overdraft rate of 19.5%, unauthorised overdraft rate of 28.8%, plus various charges such as the "unpaid item fee".
The latest bonds pay interest of 15%—the same rate agreed by Domingo Cavallo, a former finance minister, in a notorious bond swap in 2001 on the eve of the collapse.This time the government has plenty of policy tools with which to stabilise the economy.
Similar(42)
The calculated values of evaporation rate agree well with the results of measurements.
The predicted critical burner pitch and total heat release rate agree reasonably well with experimental data.
Although the R-T growth rate agrees with the EPB occurrence for some periods, significant discrepancies are present.
The temperature dependence of the diffusion rate agrees well with previous results from activated carbons and other highly porous carbons.
Experimental measurements of the temperature field and mass burning rate agree reasonably well with the predictions made by the numerical model.
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CEO of Professional Science Editing for Scientists @ prosciediting.com