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In structured finance, a tranche is one of a number of related securities offered as part of the same transaction. In the financial sense of the word, each bond is a different slice of the deal's risk.
Saudi Aramco intends to pay for its $69.1 billion (£53 billion) acquisition of a majority stake in Saudi Basic Industries Corp's (SABIC) in separate tranches, according to a presentation given by ...
More than half—$300 billion worth—of tranches issued in 2005, 2006, and 2007 rated most safe (triple-A) by rating agencies, were either downgraded to junk status or lost principal by 2009. [65] In comparison, only small fractions of triple-A tranches of Alt-A or subprime mortgage-backed securities suffered the same fate.
Many political appointees have had their pay rate frozen at lower levels. [3] According to 5 U.S.C. § 5318, at the beginning of the first pay period for any position under the Executive Schedule, the amount of pay will be adjusted and rounded to the nearest multiple of US$100. If this amount is found to be midway between multiples of $100 ...
The GG pay rates are generally identical to published GS pay rates. The GS-1 through GS-7 range generally marks entry-level positions, while mid-level positions are in the GS-8 to GS-12 range and top-level positions (senior managers, high-level technical specialists, or physicians) are in the GS-13 to GS-15 range.
The above matrix does not represent the game in which player 1 moves first, observed by player 2, and then player 2 moves, because it does not specify each of player 2's strategies in this case. In order to represent this sequential game we must specify all of player 2's actions, even in contingencies that can never arise in the course of the game.
More than 65,000 employees — nearly 3% of the government's workforce made up of 2.3 million people — have signed up for the offer as of Monday, NPR News reported, citing the Trump administration.
Enlisted pay grades begin at E-1 and end at E-9; warrant officer pay grades originate at W-1 and terminate at W-5; and officer pay grades start at O-1 and finish at O-10. [a] Not all of the uniformed services use all of the grades; for example, the Coast Guard does not use the grades of W-1 and W-5, though it has the authority to. [8] [9]