Sentence examples for short term notes from inspiring English sources

State Court of Appeals overturned two lower-court decisions and declared unconstitutional the Legislature's imposition of a moratorium 12 months earlier on the payment by the city of its short term notes.

That liquidity crisis is why the Federal Reserve had to step in last week and act as commercial bank of last resort, agreeing to buy short term notes called commercial paper directly from companies.

All of this devastation is sure to hurt economic growth in the short term, notes the Wall Street Journal, "disrupting commerce in the nation's most-populous region, destroying billions of dollars' worth of property and likely boosting gasoline prices".

Rates have fallen since then, especially on short-term notes.

Each spring, the state issues several billion dollars' worth of short-term notes.

To be sure, many short-term notes are trading — although at record high rates.

Short-term notes usually must be paid back within the next fiscal year, officials said.

If the county simply issued short-term notes, the interest rate would be about 2percentt, he said.

Banks typically use these off-balance sheet vehicles on behalf of clients to issue short-term notes.

Mortgage lenders use the short-term notes to fund their loans before packaging and offloading them from their books.

For now, he said, Puerto Rico would rely mainly on bank credit and private placements of short-term notes.