The euro short-term rate STR: completing the transition to the new euro benchmark

When the method for calculating the mortgage interest is chosen, the Euribor comes into play. There are separate Libor rates reported for 15 different maturities and for 10 currencies. Given the importance that the European Union (EU) plays in the worldwide economy, Euribor does play a part in the economy of other countries, especially if...

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Cumulative preferred stock definition

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