Interest rates on short-term loans do indeed tend to move in line with the federal-funds rate.
It will have to diversify its funding away from short-term loans from investment banks.
In response, customers withdrew their funds and stopped giving banks short-term loans to keep them afloat.
Nor has Thailand wholly succeeded in persuading foreign banks to keep renewing short-term loans to the country.
Its reserves depleted, Cuba has recently been forced to finance critical imports through short-term loans at double-digit interest rates.
Short-term loans to carry inventory and buy raw materials are no longer available.
An exception is made for short-term loans to other parts of the corporation.
Ritchie, which has sued Petters for fraud, says the rates are high because the short-term loans had a profit-sharing component.
It has operated as a clearing house for the foreign reserves of many countries and as a lender of short-term loans.
These hastily assembled, short-term loans are intended to help faltering dot-coms get through tough times, with the hope their cards will improve.
These hastily assembled, short-term loans are intended to help faltering dot-coms get through tough times, with the hope their cards will soon improve.
It has also defended its high interest rates, arguing that the firm merely offers short-term loans that help people and businesses with cashflow problems.
Other special situation players would be hedge funds playing the carry trade game where they buy these Treasuries with short-term loans at 25 basis points.
Others think that it could play a useful role as a lender of last resort, providing governments with short-term loans to tide them over a temporary crisis.
The commission wants the Fund to restrict itself to short-term loans for economies in crisis at higher-than-market interest rates, rather than long-term concessional credit to cover balance-of-payments deficits.
Interest rates on short-term loans would jump like a gazelle.
The London interbank offered rate, the rate banks charge each other for short-term loans, soared in recent weeks despite central bank injections of hundreds of billions into the system.
According to the report, as of May 22, the four banks issued only 340 billion yuan in new loans, with short-term loans and bill financing remaining the dominate type.
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To limit contagion, the leaders gave enlarged powers to the European Financial Stability Facility (EFSF) to extend short-term loans, recapitalise banks and buy bonds of troubled sovereigns in the markets.
The IMF's mission was to give countries temporary short-term loans so they could put their economic houses in order, coping with temporary balance-of-payment problems without resorting to destructive tariffs or massive devaluations.
The other three trade bodies that agreed to the new charter are the BCCA, a trade association for lenders offering short-term loans, the Consumer Credit Trade Association and the Finance and Leasing Association.
Earlier Tuesday, investors appeared encouraged after the Federal Reserve's said it would buy massive amounts of commercial paper in order to kick-start lending in the markets where many companies turn for short-term loans.
The commercial paper market represents the short-term loans that corporations issue to one another, a market which has now all but dried up as banks and firms fear lending money to a potential defaulter.
This has come as a huge relief to chief financial officers, who barely a year ago were having to make do without a fully functioning market for commercial paper (short-term loans to finance operating expenses).
Supervisors on both sides of the Atlantic concluded that the bank's heavy reliance on wholesale markets (very short-term loans from companies and other banks) left it especially vulnerable to running out of money when confidence collapsed.
Under the classical gold-coin standard (1717-1914) private banks and central banks alike issued currency convertible into a fixed weight of gold, with balance sheets consisting primarily of gold coins and short-term loans denominated in local (but gold-convertible) money.
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Takefuji and competitors like Aiful and Acom charged them interest rates as high as 29.2% on short-term loans until the maximum rate was lowered to 20% earlier this year, among other limits imposed over the past four years.
But that may require the International Monetary Fund - which operates programmes of short-term loans to aid countries in immediate financial difficulties - to change some of the conditions of its lending, which have in the past endorsed financial orthodoxy.
Faint though it is, there is a glimmer of hope in financial markets: interest rates on short-term loans between banks and on longer-term corporate debt have fallen notably since the autumn, and there has been a flood of new bond issues.
These giant debts triggered the crash of 2008 because creditors refused to roll over short-term loans to banks, and caused the simultaneous recession because banks stopped lending, and have brought about our current economic malaise because our ability to spend and invest is hobbled by the imperative of repaying what we owe.
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