Because JPMS is the repo seller under the CCP II, it is Fitch's view that the CCP II obligations will rank pari passu with senior, unsecured
short-term obligations of JPMS.
The applicable Federal rate (AFR) when the partnership agreement is to be signed is 6% for
short-term obligations compounded annually.
In both countries,
short-term obligations did not become a dominant means of raising cash.
Under section 1281, discount on
short-term obligations is recognized on a straight-line basis, even though the method is contrary to the effective-yield method required for recognizing original issue discount on long-term instruments.
The analytical process for commercial paper includes an analysis of a company's capacity to generate cash to service its
short-term obligations and considers the variety, availability and stability of alternative sources of liquidity.
Congress intended to apply the requirements only to taxpayers that purchase
short-term obligations or debt instruments.
The Company will use the proceeds to meet certain
short-term obligations, expand relationships with its development partners, and advance the development of its ProUroScan(TM) prostate imaging system while it continues to pursue additional financing opportunities.
The fund pursues its objective by investing in high-quality,
short-term obligations of the U.
The fund pursues its objective by investing in
short-term obligations of U.
Fleet Boston Corporation Rating Senior Notes 'A' (Single-A) Subordinated Notes 'A-' (Single-A-Minus) Preferred Stock 'BBB+' (Triple-B-Plus) Commercial Paper 'D-1' (D-One) Fleet National Bank Long-Term Obligations 'A+' (Single-A-Plus) Subordinated Debt 'A' (Single-A)
Short-Term Obligations 'D-1' (D-One) Fleet Bank, N.
These ratings include a senior long-term debt rating of 'AA' (Double-A) and a
short-term obligations rating of D-1+ (D-One-Plus).
The short term rating of 'D-1+' (D-One-Plus) for both RNB's commercial paper and for
short-term obligations of Republic National Bank of New York were reaffirmed.
