Sentence examples for swaps to pay from inspiring English sources

But some lawyers don't think it will cause the default swaps to pay out, since subordination is narrowly defined in the swaps' contracts.

If it has, procedures go into place to determine how large the losses are and require those who issued the credit-default swaps to pay that amount to the purchasers.

WALL STREET JOURNAL Louisiana's Wall St. Problem  |  State officials made a deal with Merrill Lynch to use debt and interest rate swaps to pay for repairs of the Superdome in the aftermath of Hurricane Katrina, but the bill for taxpayers has reached $42 million, three times as much as expected, Bloomberg News reports.

An important and long-planned measure that aims to strengthen the derivatives market is not yet in place, raising questions about how the financial system will react if the credit-default swaps have to pay out.

Banks buy a fixed-rate corporate bond and cancel the interest-rate risk with a swap agreement to pay a fixed rate and receive the three-month rate.

Data from Markit show credit defaults swaps require buyers to pay $457,000 a year to protect $10 million in bonds for five years.

The measure would also change the I.R.S. regulations that allow traders of credit-default swaps to avoid paying federal taxes on many transactions that begin in the United States.

Real estate investors, particularly ones who use so-called property swaps to defer paying taxes on their gains, could also be big losers, as could upper- and middle-class earners in high-tax states like New York and California if reform eliminates the federal deduction for state and local income taxes.

We are reaching out to the company to see if it can disclose what kind of revenues it's making, or how many users have swapped over to paid tiers, and will update if we learn more.

The bank told the company that the swaps were a way to pay less interest than it had up until then, Ms. Gottschalk said.

Most swaps require each party to pay one stream of cashflow and receive another in, say, a different currency or interest rate.