new money


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New money

In a Treasury auction, the amount by which the par value of the securities offered exceeds that of those maturing.

New Money

1. Funds that the U.S. Treasury receives when the face value from a new issue of Treasury securities exceeds the face value of maturing securities. It is calculated as the difference between the new issue and the maturing issue.

2. Informal for nouveau riche.

new money

In corporate or U.S. Treasury debt refunding, the amount by which the par value of new securities exceeds the par value of the securities being refunded. The new money is the additional funds borrowed from the refunding operation.
References in classic literature ?
Our new money was not only handsomely circulating, but its language was already glibly in use; that is to say, people had dropped the names of the former moneys, and spoke of things as being worth so many dollars or cents or mills or milrays now.
It is expected 1,300 jobs than PS50 new money Centro spokesman Mark Langford said: "It is an historic day and the start of a new era marking a return of trams to the city centre for the first time in 60 years.
Global Banking News-December 18, 2013--First National Bank launches new money transfer service
Summary: Muscat: Travelex, the world's leading foreign currency specialist, earlier this month launched a new money .
was another example of professionalism in the sport and that instead of generating new money many horses were simply being sponsored by their owners' businesses.
In the first half of 2011, Swissquote registered net new money of CHF387.
THE Bank of England's bid to pump pounds 75bn in new money into the economy got off to a strong start yesterday as would-be sellers scrambled for the cash.
5%, but the MPC thinks more needs to be done to lift the UK out of recession and can create up to pounds 150bn in new money if necessary.
But to conceal the reality of their operation--what amounts to state-sanctioned counterfeiting--the Federal Reserve and other central banks have developed various complex mechanisms for pumping new money into the financial system without the general public becoming wise to what they are doing.
Procida also told shareholders that Palisades Financial's second fund, Palisades Regional Investment Fund II, is accepting investments--both new money and money rolled over from the first fund--toward its $200 million goal.
While some scrap recyclers see the possibility of a softening metal market, perhaps even a short-term stable plateau, one school of thought suggests that fund managers may look to put new money in other investment vehicles.