The LTRO can be seen, and is seen by bankers, as a hidden injection of capital into the banks by eurozone taxpayers - because the banks borrow the three-year money at 1% and can re-lend it for considerably more.
The banks borrow more of the cheaper money and use it for other investments rather than getting loans to consumers because fear of loaning to the wrong people.
Once they have enough advance sales, then they go to the bank and borrow the balance.
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So, you could buy Spanish bills, paying 5.227%, take them to the ECB, borrow the money at 1% and then go back to the market and do it again and again.
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Police investigator Jose Victor Bassetti told the news station this was the third year the local fire department let the theater company borrow the harness for the play and that Klimeck was not supervised because he knew how to use the equipment.
As existing Treasury Bonds mature, we not only borrow the money necessary to redeem them, but we borrow it from the very people cashing them in.
When the opportunity for growth exceeds the cost to borrow, the opposite is true.
The government exacts a big price for the right to borrow from the discount lending window.
In general, when the cost to borrow exceeds the opportunity for growth, it makes more financial sense to pay off the debt first.
The short-sellers borrow the shares, replace them with cash collateral and promise both to return the shares on demand and cover dividends paid out in the meantime.
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One particular concern has been so-called naked short-selling, where the trader doesn't take the proper steps to borrow the shares before selling them, creating all sorts of settlement problems.
Even if the extra profit to pay for it is not presently there, incentive exists for the owner to borrow today the money necessary to have the big payback in the future.
Or maybe, as was suggested to Minton, the NCAA can borrow from the NFL model, give coaches a flag to throw for challenging calls in the last two minutes of a game.
But the proportion of long-term debt (more than 10 years) has slid precipitously to 9% from 20% even as Uncle Sam has the opportunity to borrow at the cheapest rates in 50 years.
Not only did this encourage extreme spending patterns in several countries (the various bubbles), but it also invited more of the "carry trade, " by which the androids at the computer screens borrow on the cheap to plunk into assets with higher secure returns.
The new program lets the brokerages borrow for 28 days, but more significantly, it allows the brokerages to offload a broader array of mortgage paper, which has been the bane of their existence since the credit crisis began last fall.
Some do it by controlling interest rates, to ensure the government can borrow cheaply at the expense of the savers return.
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If you want to understand the formula, buy or borrow the book.
In naked short-selling, the locate rule and the delivery rule go out the window, since the trader doesn't borrow the shares to begin with.
He told the BBC that his party was focused on practical help for people most at need rather than squabbling over questions such as how much the government should borrow to support the economy.
The regulator was also said to be considering limiting the number of lenders from which an individual could borrow and capping the amount one person could borrow.
But the seller of the security is supposed to actually borrow the shares before the settlement date of the transaction.
In the end, she managed to borrow the money from her mother.
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The city can still borrow at the low prevailing interest rates.
So the Micks and Paddies borrow from the European financial authorities.
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None of them was married, but whenever an agent stopped by, the man he was visiting would borrow the generous-spirited landlady and present her as his wife.
This happens when traders around the world borrow yen at very low interest rates and use it to buy currencies to invest in countries where interest rates are higher.
The Federal Reserve, for example, was accused by the likes of Michele Bachmann and Patrick McHenry, both Republicans, of masking the deficit by helping the nation borrow at ultra-low rates.
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That would not give Vivendi the cash it wants immediately, but it could sell its stake at some point in the future - or it could borrow the money from its bankers on the strength of that tie-up.
And the more intensely that storm has raged, the cheaper it has been for the UK government to borrow (the German and US public sectors have also benefited from this financial boycott of the over-extended parts of the eurozone).
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