Interest expense decreased $371,000 when comparing the periods as the average cost of interest-bearing
liabilities decreased from 0.
9 million for the three months ended March 31, 2016 compared to the prior quarter due to an increase in the average balances of interest-bearing
Michael Donald, MBNA business development and commercial executive, said: "We believe this new MBNA Rate for Life credit card is one of the best products in the UK market for helping consumers consolidate higher interest-bearing
debts or pay for significant purchases - a new car or home improvements - over a longer period of time.
Under the new Dodd-Frank rule, all interest-bearing
transactions accounts are no longer eligible for unlimited deposit insurance coverage.
At the end of December 2010, bonds accounted for a total 13% of the group's gross interest-bearing
Karns signed an interest-bearing
note requiring repayment of the advance over six years.
Japanese households have some 1,500 trillion yen--triple the size of Japan's GDP--in financial assets (including the 860 trillion in interest-bearing
Japan's biggest airline operator said it plans to slash its interest-bearing
debts by 400 billion yen by March 31, 2007, the end of fiscal 2006.
Through these measures, the report said, Kokusai Motorcars hopes to lower its interest-bearing
debt from roughly 200 billion yen to about 40 billion yen in a year and post a net profit in fiscal 2005 with projected sales of about 45 billion yen.
Profits got a boost from changes in the prime lending rate, which drew more money to interest-bearing
checking accounts, and increases in loans, Chief Executive Bob Fenstermacher said.
They will also seek to post pretax profits of [yen]100 billion and to cut their interest-bearing
debt to less than X2 trillion within five years.
Instances of interest-bearing
currency are relatively rare.