Purchases will either be held to maturity
on the Bank's balance sheet, or on-sold to the New Zealand Debt Management Office (where the bonds will be cancelled).
After an initial capitalization, AAL will purchase these contracts, which can be held to maturity
or sold to investors looking to acquire loan portfolios.
52 billion in foreign bonds held to maturity
, the ministry said.
Target credit facilities are between USD1m to USD30m and are typically held to maturity
and are not dependent on syndication for approval.
426 million som, $613,612 last year); investments held to maturity
7%, and securities held to maturity
, which decreased by USD2.
The surge in profits was mainly due to capital gains realised from the disposal of securities held to maturity
and profits from trading activities.
Securities held to maturity
in foreign currency as well as foreign currency borrowings will be included when calculating the ratio of mid- to long-term financing in foreign loans portfolios.
25 per cent per annum if held to maturity
and assuming inflation at 3.
When held to maturity
, high-quality bonds (the term refers to the issuer's creditworthiness) are generally considered conservative investments.
6) The primary concern was that amortized cost was not appropriate for accounting for investments in debt where sale and trading practices indicated that the securities would not be held to maturity
Ordinary bonds or zeros bought at original issue and held to maturity