如何理解:
At that time,interest rates on commercial paper were some three-quarters of a per cent lower than the alternative dollar LIBOR rate.
这个COMMERCIAL PAPER 的利率是3/4%,也就是0.75% lower than the alternative dollar LIBOR rate吗?昨天教授说COMMERCIAL PAPER 的利率低于LIBOR 的利率是不可能的.可是他给我的材料上就是这么写的呀.是我理解错了吗?唉,作者: vipbroker 时间: 2007-2-8 16:57
libor是个基准利率，你说的COMMERCIAL PAPER 的利率怎末会低于libor的利率，我没想太明白，你把全文发上来，我看看。但如果是在欧洲除了英国，一般都是用eulibor的.:naughty:作者: 绛红美人鱼 时间: 2007-2-8 18:26
CS(Cadbury schweppes)was rated A1 by Standard and Poor's and Prime 1,or P1,by Moody's. CS therefore gained the highest credit rating normally afforded to a non-US private-sector company, and hence could offer the lowest interest rates on its short-term debt.At that time,interest rates on commercial paper were some three-quarters of a per cent lower than the alternative dollar LIBOR rate.The company attributed this to the elimination of the bank's spread,combined with the rating and guaranteed liquidity afforded by commercial paper.作者: 绛红美人鱼 时间: 2007-2-9 13:30
这是我教授给我的回复
libor rate defines daily borrowing cost on money market loans from a bank. cp rates refer to borrowing through certificates in the money market. it is therefore very likely that interest rates do differ, in this case, cp rates are 75b.p. below libor rates(daily money is more flexible, but has a higher cost). regs
他也是承认是比LIBOR利率低是吧?
