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In recent years, western banks, lured by fat advisory fees and Russia's booming markets, stumbled over each other as they poured money into Russia, offering juicy loans at thin spreads to Russian companies with suspect managements and low ratings.That enthusiasm seems undiminished.
Though thin spreads are good for investors (who needs a broker pocketing a nickel a share when you're trying to make a trade?) they also mean that banks can't make money trading IPO stocks in the secondary market.
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If your soil is thin, spread organic matter on top of it and plant into that.
Put a thin spread of mayonnaise on the underside of the other piece of bread and place it on top.
Smashed thin, spread with a cumin-dominated yogurt marinade, grilled until crackly, eaten with fingers... well, meat heaven.
The rest of the full-rate sales across the UK and Ireland, amounting to just 74k, suggests a very thin spread across the two countries.
In affluent counties, where there is a thin spread of pupils on free school meals, it is disadvantaged young people who suffer most.
Exploiting the thin spread of forces, the insurgents sought to seize control of Granai and provoke a fierce battle over the heads of the civilian population, Afghan and American officials say.
"There was so much activity here, so many teams, so many players," Mr. Greaney said one Sunday afternoon, surveying the thin spread of fans gathered under a drizzling gray sky.
When the credit lines were negotiated during the boom years, interest rates were set at a thin spread above the benchmark corporate-lending rate not enough for the risks they now face.
Make sure you keep it to a thin spread of your choice.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com