Like banks, all these financial institutions are subject to liquidity or rollover risk the risk of going belly up if their creditors do not rollover their short term credit lines. But, unlike banks, they do not have the safety net implied by central banks role as lender of last resort.

In the meantime, I think it is sensible that we support Ambassador De La Sablière's proposal for a one month rollover.

The Secretariat has advised that audits not conducted in 2004 and considered high risk, would be considered for rollover into the 2005 work plan.

Even if the face value of the Greek debt were not reduced, a maturity extension would still provide massive debt relief on a present value basis to Greece as a euro of debt owed 30 years from now is worth much less today than the same euro owed a year from now. Moreover, a maturity extension resolves rollover risk for the coming decades.

By contrast, growth prospects in Europe today are rather dim, and interest payments, even for Greece or Italy, account for less than 20 of total revenues. The real problem is the rollover of existing debt in a stagnating economy.

Will it be possible for them to rollover their market funding in these circumstances? Already, the Greeks and the other countries subject to special measures have been shut out of the wholesale markets, and are reliant almost entirely on the European Central Bank.

Moreover, the new federal bonds very long maturities meant that there was no rollover risk. It would have been very dangerous to expose the federal government to this danger, given that the operation was rightly perceived at the outset as extremely risky.

Accrual basis accounting

Synesthesia runs in families, so Galton said this is a hereditary basis, a genetic basis.

The rates of the fees range from 25 basis points to 60 basis points per annum.

1. Expresses its satisfaction with the efforts of all Member States to solve the year 2000 problem before the rollover date of 31 December 1999, including by working to ensure that the private sector was fully engaged in addressing the problem and by tackling it in those systems under their own control

It's not the basis of the rule of law, it's not the basis of a free society.

1.72 Although UNRWA prepares its budget on a biennial basis, operations are financed on an annual basis.

Trade unions are recognised on a plant or establishment basis rather than on an industry wide basis.

Experiments on a contractual basis

Basis of the sanctions regime

Participation on a continuing basis

Meanwhile, the current French proposal of a voluntary rollover by banks is flopping, as it would impose prohibitively high interest rates on the Greeks. Likewise, debt buybacks would be a massive waste of official resources, as the residual value of the debt increases as it is bought, benefiting creditors far more than the sovereign debtor.

Troop liabilities will be reviewed on a quarterly basis and paid on the basis of each mission's cash position.

This is the basis. The imitation of complex skills is what we call culture and is the basis of civilization.

Becoming the basis of the economy.

Your theory has no scientific basis.

Right to Education The Educational Basis

Right to Education The Legal Basis

Rights on the basis of labor

Climate Change 2001 the Scientific Basis.

a Countries participating on trial basis.

Such restriction lacks any legal basis.

Participation on an ad hoc basis

(b) In the seventh sentence, replace on a broad geographic basis with and on as wide a geographical basis as possible

We are working on the basis of scientific information, and we address the issue of protection on a case by case basis.

He put it on a personal basis.

What is the basis of your assumptions?

Basis for an Ibero American Cultural Charter

This is done on a regular basis.

What is the basis for this assumption?

The group meets on a regular basis.

Was domestic violence the basis for traumatism?

That is the basis for serious talk.

Given this, China s current deflation should motivate its policymakers to pursue monetary easing, reducing real interest rates to a much lower level, even zero. Such a move for which China has plenty of room would not only enable the reduction of existing debt burdens perhaps more important, it would also allow for the rollover of debt as the economy accelerates.

The Trial Stage All Trial Chambers have been conducting trials on a twin track basis (in some instances also on a triple track basis).

The Trial Stage All Trial Chambers have been conducting trials on a twin track basis (in some instances also on a triple track basis).

The generally recognized norms of international relations must be its political basis, and mutually advantageous cooperation and shared prosperity must be its economic basis.

(2) basis for the preparation of financial statements

which was the basis of the movie Bladerunner.