was lower from 68 per cent to 64 per cent and profit after taxation stood at Rs8.25 billion.
The gross spread
or net spread before provisions enhanced to 42.82 percent from 42.06 percent.
KARACHI -- Bank Al-Habib Limited has done a commendable job in reducing cost of deposits, evident by a sharp decline in mark-up expenses and a much improved gross spread
ratio, it emerged on Wednesday.
For two successive years, about this time in 2008 and 2009, the NFA (National Food Authority) Council contracted to import a total of 3.775 million metric tons (mmt) of rice principally from Vietnam-1.5 mmt in December 2008 through a government-to-government (G-to-G) deal with Vietnam's State Grains Agency at $549.50 CNF/mt, or a gross spread
of $227/mt against the international benchmark of $323 FOB/mt prevailing at the time for Vietnam rice.
(as reported by SDC) is the total underwriter fee expressed as a percentage of the domestic principal amount offered.
The ACLI reported an average gross spread
of 279 basis points during the third quarter of 2012.
If a CU only earns a 75 basis point gross spread
on a new deposit and then has to net out NCUA insurance or assessment costs and account servicing, the result is "razor-thin margins at best, if not upside down," Colby said.
The average gross spread
for common equity takedowns from shelves is 3.88 percent, but the gross spread
for issuances using the traditional registration procedure is 4.91 percent.
Thousands of data fields are available, including managers and fees, offering terms, gross spread
, shares offered, and other deal specifics.
We exclude all financial firms (one-digit Standard Industrial Classification [SIC] Code 6), all firms in regulated industries (one-digit SIC Code 4), and all firms whose gross spread
data were missing from the SDC database.
According to statistics published in The Bond Buyer, the daily newspaper reporting on the municipal bond market, the average annual gross spread
for all competitive sales (across all types of debt) between 1985 and 1991 was $10.10 per $1,000 bond.