It said the interest rate structure will be streamlined to reflect the liquidity conditions in the market as the term structure of interbank and lending rates no longer reflected prevailing market conditions.
22.
Because a homeowner does not build any equity in an interest-only loan he may be adversely affected by prevailing market conditions at the time he is either ready to sell the house or refinance.
23.
Cesar Bautista, secretary of the Department of Trade and Industry and BOI chairman, brushed aside the sharp drop in investments in BOI-approved projects, saying it has nothing to do with prevailing market conditions in Asia.
24.
The central bank will also streamline the domestic interest rate structure to reflect liquidity conditions in the market, where recent developments have rendered the term structure of interbank and lending rates as non-reflective of prevailing market conditions.
25.
The company was close to defaulting, but Sam Goodyear, an analyst at CreditSights predicted that the lenders would rearrange the debt rather than force the company to liquidate, as their return in the prevailing market conditions would be poor.
26.
"As you know, a decision to commence an underwriting will only be made under the then-prevailing market conditions and will only be done if it is in the best interests of the firm and its partners, " he wrote.
27.
"Continental must adjust its costs to a level that will let it prosper and grow, " the airline said in announcing the latest cuts . " Otherwise, it will have no prospect of returning to profitability under prevailing market conditions ."
28.
Chairman Samsuni Idris said : " Based on the prevailing market condition and the drop of nearly 70 per cent in the KLSE trading index, we expected a 60 per cent discount over the IPO ( initial public offer ) price ."
29.
In recommending Barnett's deal to the Colorado board of regents, school chancellor Richard L . Byyny said Barnett's compensation was " necessary . . . in light of the prevailing market conditions and competitive employment practices nationwide for head football coaches ."
30.
"The offer price is right and appropriate and at this PE, there should be a lot of confidence from the public in the company, " he said adding that the pricing was determined by the company and the merchant banker based on prevailing market condition.
