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 periodicals archive ?
The new money from higher gas taxes and vehicle fees will go towards enhancing spending in a number of areas, including on roads and bridges but also for the state game and fish department, among others.
Muscat: Travelex, the world's leading foreign currency specialist, has launched a new money transfer service in the Sultanate of Oman that allows customers to send money directly to international bank accounts.
In a statement the bank said, 'We are optimistic that overall positive net new money inflows will continue in the first quarter.
That's fine if it works, and nobody knows if it will, but creating new money generally leads to inflation.
Metro hopes to raise the bulk of the new money from its existing investors, who include its US founder Vernon Hill, investment houses Fidelity and Wellington and property investors the Reuben brothers.
Secondly, the actual new money involved remains within the budget set for e-government by the previous Labour administration in 2003-04.
With most insurance companies, then, the trend has been that the mix of new money sales and exchanges starts to Invert when interest rates change.
City officials are concerned, however, the new money still won't be enough.
"With other initiatives I hope to bring in, we should able to eliminate the debt in 12 months, start generating new money, and make new money available to the manager.
The new budget has awarded US $34 million to UNFPA, but this new money is again subject to the condition that the agency is not in violation of U.S.
The bank launched its Regular Saver account on March 1 to encourage people to get into the habit of putting money aside on a regular basis, after research showed very little new money was being saved.
"There doesn't seem to be a lot of new money for the settlement fund," he said.