Adjusted net interest income is interest income less interest expense (or "GAAP net interest income"), less other periodic interest rate
swap interest costs reported in other income (loss), net.
Macquarie Mortgage Choice combines a home equity line of credit (HELOC) with an interest-only (first 10 years), variable rate loan with initial periodic interest rate
cap options that offers both flexibility and security against rate increases, plus the potential to benefit from rate decreases.
In addition, American Capital reiterates that realized gains in the fourth quarter are anticipated to cover net realized losses of $54 million in the first three quarters of 2004, excluding periodic interest rate
Besides crowding out private sector borrowing, the large fiscal dissavings are monetized through institutional arrangements with the central bank, which make the disinflation target difficult to achieve and cause periodic interest rate
05 of adjustable-rate loans subject to semi-annual adjustments based on a LIBOR index with 1 percent periodic interest rate
Treasury securities adjusted to a constant maturity of one year, are subject to minimum and maximum lifetime interest rates as well as periodic interest rate
caps and floors.
Fund management pursues this strategy by investing, under normal circumstances, at least 65% of the fund's assets in adjustable-rate mortgages (ARMs) and other securities representing an interest in or collateralized by mortgages with periodic interest rate
During periods of rapidly rising interest rates, such as has recently occurred, the initial impact on the Company's earnings is a temporary decrease in net interest income because the Company's assets have periodic interest rate
caps which limit the amount of adjustment on any repricing date whereas the Company's borrowings do not have similar caps.
The 629 loans, indexed to the six-month London Interbank Offered Rate (LIBOR), are subject to minimum and maximum lifetime interest rate caps as well as periodic interest rate
The 961 loans, indexed to the six-month London Interbank Offered Rate (LIBOR), are subject to minimum and maximum lifetime interest rate caps as well as periodic interest rate
This was partially offset by a decrease in the company's interest rate spread as rates paid on savings deposits remained relatively flat during the second quarter of 1993, while mortgage loan rates on existing loans adjusted downward due to the periodic interest rate
adjustment feature of the loans.
The equity participation securities do not bear periodic interest rate