GTC CAFR 2009 2010 ARchecked Partial

Greenville Technical College elected not to use the percent de minimis cost rate as allowed under the Uniform Guidance. We value collaboration and teamwork, so we foster caring, professional relationships among students, employees, and our community in an effort to expand partnerships. An investment in the Notes involves significant risks. Generally, operating revenues and expenses are those which are received and used to carry out the mission of the College. The Quick Jobs with a Future program celebrated its year anniversary during this timeframe.


The two legs may also have different tenors of the same IBOR index. The notional amount for each leg may be fixed, amortising or accreting. The floating leg spreads can vary over the lifetime of the swap, and include gearings. An OIS Overnight Index Swap has at least one leg where the floating rate is benchmarked to an overnight index rate, typically the rate for overnight unsecured lending between banks. A CMS Constant Maturity Swap has at least one leg where the floating rate is benchmarked against a CMS index using the market rate of a fixed maturity instrument, such as a swap or a government bond, with a longer maturity than the length of the reset period.

It may contain a cap, floor, or collar on the CMS or other floating leg. This example is an annual fixed rate vs a semi-annual CMS 30Y swap. The buyer has the right but not the obligation to receive the CMS spread in exchange for the strike rate s at a predetermined time in the future. Leg Data with Leg Types Fixed and Floating Schedule Data An interest rate swap is an agreement between two counterparties in which one stream of future interest payments leg is exchanged for another based on a specified notional amount.

The fixed rate and the spread can vary over the lifetime of the swap. The overnight index rate leg compounds on a daily basis as per the correspondent overnight rate. Weitere Informationen zu unseren Apps finden Sie hier. Willkommen, schön sind Sie da! Mein Ex Libris Jetzt anmelden. Bitte melden Sie sich an, um das Produkt zu bewerten.

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