CFP FRANC - XPF
Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d'Outre-Mer (IEOM) issues the currency. It can also pertain to franc pacifique since the Pacific Ocean region use it. The franc is divided into centimes. CFP stands for Comptoirs Français du Pacifique or French Pacific Banking Agreement in English.
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Tenants by Entirety - TBE
Method in certain states where married couples can hold the property title with rights of survivorship. The consent of both spouses is required if ...
Prime Underwriting Facility
A kind of revolving underwriting facility. Prime underwriting facilities peg the lender's yield to the bank's prime rate. Most prime underw ...
Invisible Hard Market
A property or casualty insurance market phenomenon in which the market is hardening, seeing trimmed supply and higher prices, but the usually optim ...
Conforming Loan
Mortgage equivalent or less than the amount established by the conforming loan limit. In the United States, the Office of Federal Housing Enterpris ...
Negative Arbitrage
It occurs when a borrower’s interest rate that he or she pays on its debt is bigger than the interest rate a borrower earns on the money that ...
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Fixed interest rates.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Apr | |
| 14:30 | NY Fed Empire State manufacturing index | Jun | |
| 16:00 | NAHB Housing Market Index | Jun | |
| 19:00 | ECB President Mario Draghi Speaks | ||
| 20:45 | BOC Deputy Governor Lawrence Schembri Speaks | ||
| 22:00 | TICS | Apr | |
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 03:30 | Monetary Policy Meeting Minutes |
