As implied by the interest-parity condition, and in particular when future exchange-rate movements were covered by a suitable long-bill transaction, weekly data do suggest that between Paris, Amsterdam, Berlin, Brussels, and London, the return from discounting bills of exchange in the local money market was roughly equivalent to the return from investing in foreign currency bills.
In any case, a key difference was that London investments in continental bills, according to (4), were subject to exchange-rate risk, whereas continental banks could cover this by a suitable long-bill transaction (see (3)).
Furthermore, even for investments by a London-based bank on the continent, where the lack of suitable long-bills made it difficult to hedge against future exchange-rate movements, the interest-parity condition holds reasonably well.
Its task-forces craft "model" bills suitable for replication nationwide.
Sweet little bills, suitable for sifting through mud for bugs and crustaceans.
He suggested that mill owners could be protected by a suitable clause in the bill, and such a clause was duly obtained by Robert Peel.
Rice also hoped to sponsor legislation supported by Ritter to raise vehicle registration fees in order to fund road and bridge repairs, but failed to find a suitable cosponsor for the bill.
To help you decide a suitable reward, US restaurant bills often come with pre-calculated sums for 15, 20 and even 25 per cent.
Whether the director will bring her Brechtian impulses to bear on the tale remains to be seen but the show, a mere 35 minutes long, is billed as suitable for three to six-year-olds, so probably not.
If suitable national laws and bills of rights are unavailable, however, victims of human rights violations may want help from international law and organizations.
