efficiency of interest rate management policy options in nigeria

... In summary, an examination of financial data reveals that profits and operating costs are the main components of interest spreads in the commercial banking system. Simultaneously, non -interest ... suitability of the data. Taking into account the main factors that affect interest rate 12 Belizean banking system as a primary reason for interest rate spreads being higher than in Barbados, ... non -interest income (fee-based) activities. Two main factors accounting for the decline in net interest income which caused the disparity between the two variables are (i) reduction in interest...

Ngày tải lên: 15/03/2014, 14:20

Ngày tải lên: 22/03/2014, 17:20

Ngày tải lên: 18/06/2014, 17:20

Ngày tải lên: 11/10/2014, 02:19

... (flexibility training) and the strength training group HbA1c increased by 5 % and 3 %, respectively. This finding is clearly inconsistent with the outcome of other strength-training related interventions ... Germany and Trainingsinstitut Prof. Dr. Baum GmbH, Köln, Germany 2. Trainingsinstitut Prof. Dr. Baum GmbH, Köln, Germany Correspondence to: Klaus Baum, Prof. Dr., Trainingsinstitut, Wilhelm-Schlombs-Allee ... strength training group. HbA1c values tended to decrease below baseline date in the vibration training group while it increased in the two other intervention groups. Theses findings suggest...

Ngày tải lên: 26/10/2012, 10:04

... in many guises have been encouraged. The greater their degree of leverage in interest rate exposures, the more attentive investors must be to the interest rate environment. When interest rate ... argues great caution is needed in drawing policy implications based on the real long-term interest rate currently prevailing in markets. This interest rate has moved in a wide range over the past ... subtle link between the stance of monetary policy and the long-term rate on this occasion. The “measured pace” policy of Federal Reserve tightening deliberately nurtured in markets a sense of interest...

Ngày tải lên: 17/02/2014, 03:20

... floating interest rate and the cap rate. Interest rate floor OTC option that pays the difference between the floor rate and a floating interest rate. Interest rate collar Combination of ... bracketing the current level of a long-term interest rate. Interest rate swaption OTC option to enter into an interest rate swap contract, purchasing the right to pay or receive a certain fixed ... period of time, beginning at some time in the future, is determined at contract initiation. Interest rate swap Agreement to exchange periodic payments related to interest rates on a single...

Ngày tải lên: 06/03/2014, 02:21

... explained as arising from sticky interest rates and increasing risks in a competitive US banking market. This implies official interest rate changes resulting in higher interest rates would attract ... rate business. In these circumstances, the additional risk inherent in such loans negatively offsets any gains from increased income from higher interest rates; this in turn reduces income ... with its dividends in the following period ( D i1 ), income growth rate (g i ) and interest rates which are reflected in the cost of capital ( k i ). When interest rates increase, if expected...

Ngày tải lên: 15/03/2014, 01:20

... Finance Regulation of Interest Rate by the State Bank of Vietnam (SBV) Page 5 of 20 1.2 Interest Rate and Inflation Following the quantity theory of money, as the interest rate increases, the ... as objectives of monetary policy because of following reasons: - Inter-bank interest rate is operating as wholesale price in financial market. It can affect interest rate in financial market ... bandwidth. The basic interest rate affects all other interest rates arising in the market economy. It is a kind of interest rates playing an important role in the market mechanism in general and...

Ngày tải lên: 15/03/2014, 01:20

Ngày tải lên: 22/03/2014, 17:20

Ngày tải lên: 22/03/2014, 23:20

Ngày tải lên: 22/03/2014, 23:20

Ngày tải lên: 29/03/2014, 13:20

Ngày tải lên: 29/03/2014, 13:20

... pass-through of bank interest rates to changes in corresponding market interest rates; third, we also test the impact of competition in the loan market on the immediate adjustment of bank interest rates ... on the adjustment of retail bank interest rates to changes in market interest rates. Given the prominent role of the banking sector in the euro area’s financial system, it is of significant importance ... According to the seminal papers by Klein (1971) and Monti (1972) on banks’ interest rate setting behaviour, banks can exert a degree of market pricing power in determining loan and deposit rates....

Ngày tải lên: 15/02/2014, 05:20

... findings, and policy conclu- sions from a project analyzing human resource management options for improving recruiting production. is work will interest those involved in the day-to-day management ... be increased by increasing total missions, but there are limits and pitfalls. In considering increases in aggregate high-quality missions, the following should be kept in mind: (a) the marginal ... each enlistment in different categories and bonus points for succeeding in making mission or “boxing.” 13 Accrual of specified numbers of points over the course of specified numbers of months leads...

Ngày tải lên: 17/02/2014, 22:20

... indicate that the unexpected component of an increase in official rates is viewed as the start of a long period of higher interest rates. A large estimate of b 2 for changes in market rates in ... ln(R3M/LOMB) is sig- nificant in explaining the occurrence of reduction in official rates and ln(R3M/DISC) is significant in explaining increases. The sign of changes in official rates tends to be persistent, ... stock market collapse of that year). ANTICIPATION IN CENTRAL BANK INTEREST RATE POLICY 659 Table 2. Estimation of the Probability of Changes in Official Rates Based on information Based on information at...

Ngày tải lên: 06/03/2014, 02:21

... 60605 1-877-THE-CBOE www.cboe.com 35 Scenario 4: Hedging Strategies Using Interest Rate Options. Forecast: Investor expects rising long-term interest rates. Objective: To offset a decline in the value of a long-term bond portfolio. Recall ... 14 Basic Strategies with Interest Rate Options Using options to implement interest rate strategies offers several advan- tages to transactions in Treasury securities: Option buying involves a ... was originally paid, but it would offset some of the cost. The investor would also be earning interest on his $18,000 in his money market account. 4 With CBOE Interest Rate Options, an investor...

Ngày tải lên: 06/03/2014, 14:20

... decrease in interest rates, and this means that the bank will lose money in the cash market if rates decline. By selling interest rate forwards, futures or by engaging in an interest rate swap in ... floating -rate liability, it is natural to think of interest rate floors as providing a hedge to the holder of a floating rate asset. An interest rate floor can thus be thought of as an insurance ... decreases in interest rates (Sinkey 2002). Interest rate swaps can thus reduce interest rate risk either by converting a fixed -rate in- come stream to a variable -rate stream or by converting a variable-rate...

Ngày tải lên: 15/03/2014, 01:20

... potential impact of movements in interest rates on the institution. Interest Rate Risk Position The amount of the institution’s exposure to interest rate risk. Interest Rate Sensitive ... risk on an institution arising from both current and future business, including the effects of strategies to increase earnings or reduce interest rate risk. Interest Rate Risk Management ... within the interest rate risk management programme; Interest Rate Risk Management Page 15 Bank of Jamaica March 1996 Matched Position In the context of interest rate risk management, ...

Ngày tải lên: 15/03/2014, 02:20