SmartFinancial, Inc. (NYSE: SMBK) (" SmartFinancial ") announced today that it has extended its registered exchange offer to exchange up to $100.0 million aggregate principal amount of 7.25% ...

One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

CHARLOTTE, N.C., Sept. 17, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on September 25, 2024, all $2,000,000,000 principal amount outstanding of its 0.981% ...

Many economists argue that a flexible exchange rate regime is preferable to a fixed exchange rate regime because it helps to insulate the domestic economy from adverse external shocks. For example, ...

Unlike traditional bonds, floating-rate loans don’t make a fixed-interest payment, or coupon, for each period. Floating-rate loans have outperformed in rising and flat interest-rate environments.

Fixed vs Floating Interest Rate: When you take a home loan, generally you have to decide between a floating or a fixed rate of interest home loan. Let me explain it in simple language so you know ...

Southern California Edison (the "Company") today announced the expiration and results for the previously announced cash tender offer to purchase any and all of the outstanding 5.45% Fixed-to-Floating ...

Every few months, headlines announce that countries want to “move away from the dollar.” India settles a shipment in rupees, African economies test regional payment systems, and the BRICS group ...

Currency crises are usually associated with large nominal and real depreciations. In some countries depreciations are perceived to be very costly ("fear of floating"). In this paper we try to ...

JUBA, Dec 15 (Reuters) - South Sudan abandoned its official fixed exchange rate and moved to a floating rate on Tuesday, Finance Minister David Deng Athorbei said. The central bank had held onto a ...