SOFR vs. Libor.Libor, the London Interbank Offered Rate, is a lot of things. It is the standard interest rate for floating-rate loans: If a company borrows money at a rate that resets every three months, the rate that resets every three months is normally Libor. (Well, Libor plus a spread: A company might borrow at, say, Libor plus 3 percent or whatever.) It is the reference rate for trillions of dollars of interest-rate derivatives: If you are making some sort of bet on the future of interest rates, there's a decent chance that the interest rate whose future your betting on is Libor. Beyond that, it was -- it's not really anymore, but for a long time it was -- the standard "risk-free rate" that people would use in financial models for pricing other derivatives; if you bought, say, a call option on Microsoft stock, the formula for valuing that call option has a spot to plug in an interest rate, and the interest rate you'd plug in was probably Libor. Almost every … [Read more...] about Banks Will Miss Libor When It’s Gone
Replacing missing teeth cost
As we get older, our teeth can often let us down, leaving us feeling uncomfortable, lacking confidence in our smile or even unable to eat certain foods. At Blueapple Dental Care, our team can offer a long-lasting solution to small gaps, cracked or missing teeth with a range of restorative dental treatments, designed with you in mind to achieve the results that you want. RESTORE YOUR SMILE WITH A TAILORED TREATMENT PLAN • Replacing missing or unhealthy teeth with dental implants, a bridge or dentures • Smoothing chips, cracks or gaps with cosmetic bonding or veneers • Strengthening weakened teeth with custom-made crowns • Giving gums a little TLC periodontal work Using modern technology and the latest dental techniques, you can trust the team to deliver reliable results that last. WHAT KIND OF RESULTS CAN YOU EXPECT? HOW MUCH WILL YOUR TREATMENT COST?Blueapple Dental Care team can work to the budget and requirements that suit you. HOW CAN YOU LEARN MORE?Blueapple … [Read more...] about Are you fed up of missing and failing teeth?
We are what we eat - but sometimes what we eat has a nasty habit of biting back. And worrying scientific research has revealed our eating habits in the UK may be a growing cause for alarm. According to a major study of 19 European countries published this month in a special issue of the journal Public Health Nutrition, half of all the food bought by families in the UK is now “ultra-processed”. This means it is made in a factory with industrial ingredients and additives invented by food technologists and bears little resemblance to the fruit, vegetables, meat or fish used to cook a fresh meal at home. According to the report “real food” has been replaced by salty snacks and sugary cereals, industrially-made bread, ready-meals and reconstituted meats alongside sweetened soft drinks. So much so that UK families buy more ultra-processed food than any others in Europe, amounting to 50.7% of our collective diet. Of course, reasons for our addiction to processed … [Read more...] about COLUMN: Time to ditch the junk and start eating better
0 Have your say I am reading Craig Chalmers, now exiled in London, the headline from the back page of The Scotsman, four days after the performance rated by some as one of the worst ever. It isn’t “Desperate Dark Blues place faith in witch-doctor” or “Madame Zsa-Zsa, fortune-teller, answers urgent Scottish call” or “Murrayfield Turns to God in the hope He can point the way towards victory and, if He’s not too busy, play No 8”. Rather, it speaks of a remedy familiar to anyone with an interest in top-level sport: “Beaten Scots meet psychologist.” Not “submit to” or “surrender to” or “ply with drink in the last-chance saloon”; simply “meet”. Athletes of all kinds do this now, it’s no biggie. Still, they didn’t have shrinks in Chalmers’ day, did they?“Actually, we did have a few sessions,” he says. “If you buy into them they can work. One … [Read more...] about Interview: Craig Chalmers on his rivalry with Gregor Townsend
Saints couldn't find the spark they needed as they suffered a ninth defeat in 14 Aviva Premiership matches at The Rec on Friday night. Bath bounced back after going 6-0 down to two Piers Francis penalties, and the home side eventually cruised to a 32-9 success. Francis was to notch another three points in the second half, but it was nowhere near enough as Saints struggled to create clear scoring chances. A sloppy piece of play saw them stung by a Matt Banahan try on the brink of half-time and that effort helped to push Bath into a 10-point lead, which Saints never threatened to overturn. It means the black, green and gold continue their disappointing run on the road in the Premiership - they have not won an away league game since beating London Irish back in September. Saints had gone into the game on the back of two victories in the Anglo-Welsh Cup, and they started in confident fashion. winning a couple of early penalties in the Bath half. Fly-half Francis opted to take a shot … [Read more...] about Saints suffer another away league defeat as Bath bag big win at The Rec