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variable rate

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Fitch Assigns Ratings to Atlantic & Western Re Limited's Variable-Rate Notes
CHICAGO -- Fitch Ratings has assigned ratings to $300 million of Atlantic & Western Re Limited variable-rate notes. The notes comprise two tranches see rating list below. -- $100 million class A variable-rate notes due Nov. 15, 2010 'BB'; -- $200 million class B variable-rate notes due Nov....
Tags: Fitch Ratings
Research articles 2005-11-08
The Valuation and Hedging of Variable Rate Savings Account
Variable rate savings accounts have two main features. The client rate is variable and deposits can be invested and withdrawn at any time. However, customer behavior is not fully rational and actions are often performed with a delay. This paper focuses on measuring the interest rate risk of variable rate...
Tags: Valuation, Erasmus University Rotterdam, Interest Rate, Financial Planning, Financial Services, Finance
White papers 2001-11-15
A.M. Best Assigns Ratings to East Lane Re Ltd.'s Variable Rate Notes
OLDWICK, N.J. -- A.M. Best Co. has assigned debt ratings of "bb" to the $135 million Series A 2007-I variable rate notes and "bb-" to the $115 million Series B 2007-I variable rate notes, (collectively, the notes) both due May 2011, issued by East Lane Re Ltd. the issuer, a...
Tags: A.M. Best Co., IBM Lotus Notes
Research articles 2007-04-30
A.M. Best Assigns Rating to Nelson Re Ltd.'s Principal-at-Risk Variable Rate Notes
OLDWICK, N.J., U.S.A. -- A.M. Best Co. has assigned a debt rating of "b-" to the $75 million Class A, Series 2007-I principal-at-risk variable rate notes the notes due June 2010 issued by Nelson Re Ltd. the issuer, a newly created Cayman Islands exempted company licensed as a restricted Class...
Tags: A.M. Best Co.
Research articles 2007-06-11
Moody's Public Finance Department Rating News Moody's confirms ratings on Texas Public Finance Authority Commercial Paper Programs, University of Texas Permanent University Fund Variable Rate Notes, and State of Texas Veterans' Housing Assistance Program
NEW YORK--BUSINESS WIRE--Dec. 20, 1994--Effective today, Moody's has reviewed and confirms the ratings assigned to two commercial paper programs of the Texas Public Finance Authority, a variable rate notes issue of the University of Texas System-Permanent University Fund, and a variable rate bonds issue for the Texas Veterans'...
Tags: IBM Lotus Notes, Moody's Corp., University of Texas
Research articles 1994-12-20
A.M. Best Assigns Ratings to Newton Re Limited's Series 2007-1 Principal-at-Risk Variable Rate Notes
OLDWICK, N.J. -- A.M. Best Co. has assigned debt ratings of "bb+" to the $87.5 million Series 2007-1, Class A principal-at-risk variable rate notes and "bb-" to the $137.5 million Series 2007-1, Class B principal-at-risk variable rate notes, (collectively, the notes) both due December 24, 2010, issued by Newton Re...
Tags: A.M. Best Co.
Research articles 2007-12-17
A.M. Best Assigns Rating to Valais Re Ltd.'s Series 2008-1 Principal At-Risk Variable Rate Notes
OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bb" to the $64 million Series 2008-1 Class A principal at-risk variable rate notes and "b" to the $40 million Series 2008-1 Class C principal at-risk variable rate notes (collectively, the notes) both due June 6, 2011, issued...
Tags: A.M. Best Co.
Research articles 2008-06-02
A.M. Best Assigns Rating to Willow Re Ltd.'s Principal-at-Risk Variable Rate Notes
OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bb+" to the $250 million Class B, Series 2007-1 principal-at-risk variable rate notes the notes due June 16, 2010 issued by Willow Re Ltd. the issuer, a newly created Cayman Islands exempted company licensed as a Restricted Class...
Tags: A.M. Best Co.
Research articles 2007-06-15
A.M. Best Assigns Rating to Longpoint Re Ltd.'s Variable Rate Notes
OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bb+" to the $500 million Class A Series 2007-I variable rate notes the notes due May 8, 2010 issued by Longpoint Re Ltd. the issuer, a newly created Cayman Islands exempted company licensed as a Class B insurer....
Tags: A.M. Best Co.
Research articles 2007-05-08
Fitch Assigns 'BB' to Cascadia Limited's Variable-Rate Notes
CHICAGO -- Fitch Ratings has assigned a 'BB' rating to Cascadia Limited's Cascadia $300 million variable-rate notes due 2008. Fitch's rating reflects its review of EQECAT Inc.'s EQE risk analysis and models used to analyze the covered risks, the loss distributions resulting from EQE's analysis, and the transaction's structural...
Tags: Cascadia Ltd., Fitch Ratings, FM Global
Research articles 2005-06-07
Fitch Assigns 'B-' to Champlain Limited's Variable-Rate Notes
CHICAGO -- Fitch Ratings has assigned a 'B-' rating to Champlain Limited's Champlain $75 million class A variable-rate notes due 2009 and a 'B-' rating to Champlain's $15 million class B variable-rate notes due 2009. Fitch's ratings reflect its review of AIR Worldwide Corporation's AIR risk analysis and models...
Tags: Champlain Ltd., Fitch Ratings
Research articles 2005-12-22
Fitch Rates JEA Variable Rate Electric Sys Revs, Series Three 2008C 'AA-/F1+'
NEW YORK -- Fitch Ratings assigns a rating of 'AA-/F1+' to the $260,000,000 JEA variable rate electric system revenue bonds, Series Three 2008D consisting of $130,000,000 Series Three 2008D-1 Bonds and $130,000,000 Series Three 2008D-2 Bonds. Fitch also affirms the rating on JEA's outstanding variable rate senior and subordinate electric...
Tags: Fitch Ratings, SYS
Research articles 2008-04-29
Correction - Fitch Rates JEA Variable Rate Electric Sys Revs, Series Three 2008D 'AA-/F1+'
NEW YORK -- (This is a correction for a press release that was published April 29, 2008. It corrects the series number in the headline.) Fitch Ratings assigns a rating of 'AA-/F1+' to the $260,000,000 JEA variable rate electric system revenue bonds, Series Three 2008D consisting of $130,000,000 Series...
Tags: Fitch Ratings, SYS
Research articles 2008-04-30
Fitch: Most U.S. Municipal Ratings Will be Unaffected by Variable-Rate Volatility
NEW YORK -- Recent dislocations in the insured variable-rate demand obligation VRDO and auction-rate securities ARS markets have not been related to U.S. municipal issuer credit quality. While they have resulted in higher-than-normal interest rate resets and unprecedented levels of puts and failed auctions, this has not necessitated any negative...
Tags: Fitch Ratings
Research articles 2008-03-11
Derbyshire reduces discount rates.(2% discount on society's standard variable rate)(International Pages)(Brief Article)(Statistical Data Included)
Derbyshire Building Society has reduced the rates on its three-year discount. The deal is available at 3.69 per cent, 2 per cent off the societys standard variable rate. This rate is only available up to 80 per cent loan-to-value. For borrowers unable to put up a 20...
Tags: Derbyshire Building Society
Research articles 2002-10-02
Fitch Rates TBTA, NY Subordinate Revenue Variable Rate Bonds `AA-'
NEW YORK -- Fitch Ratings assigns an underlying 'AA-' rating to approximately $250 million Triborough Bridge and Tunnel Authority (TBTA, or the authority) subordinate revenue variable rate bonds, series 2004A (auction-rate securities), which are expected to sell through negotiation by Citigroup Global Markets, Inc. and UBS Financial Services, Inc. on...
Tags: Fitch Ratings
Research articles 2004-08-03
Equity Inns Closes Mortgage Debt Offering; Net Proceeds Used to Reduce Variable Rate Debt
GERMANTOWN, Tenn. -- Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate investment trust REIT, announced that the Company completed a $73.5 million offering of Senior Mortgage Debt. The Company used seven hotels as collateral for the loan. The 10-year loan bears interest at a fixed rate of...
Tags: Equity Inns Inc.
Research articles 2005-11-21
Fitch Rates Texas Children's Hospital's $300MM 2008 Variable Rate Bonds 'AA'; Outlook Stable
CHICAGO -- Fitch Ratings has assigned an underlying 'AA' rating to the Harris County Facilities Development Corporation (Texas Children's Hospital's [TCH]) upcoming composite $300 million variable rate series 2008 bonds. In addition, Fitch affirms the ratings on TCH's approximately $243 million of outstanding debt at 'AA'. The Rating Outlook is...
Tags: Fitch Ratings
Research articles 2008-04-21
Moody's Publishes Article on Use of Internal Liquidity for Variable Rate Demand Obligations of Universities and Other Not-for-Profit Institutions
NEW YORK--BUSINESS WIRE--Nov. 22, 1994--Effective today, Moody's Investors Service Higher Education and Not-for-Profit Ratings Group has published a Perspective on Higher Education article on the use of institutions' internal liquidity, rather than bank letters or lines of credit, to support the tender feature of variable rate demand obligations or commercial...
Tags: liquidity, Moody's Corp.
Research articles 1994-11-22
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