Half of the extra $:50 million will be used to replace short-term loans.
The funds rate is the interest banks charge one another on short-term loans.
Her request for a $12.7 million short-term loan from one major bank was also turned down.
At the same time, its policy became increasingly dependent on short-term loans.
We are trying to work out short-term loans for special occasions.
I can get you 30 percent on short-term loans, even more.
Turkish banks hold about $14 billion in such short-term loans.
A union bank would be established to provide short-term loans for workers who had been laid off and were seeking new jobs.
Philadelphia is so desperate it will pay an effective interest rate of something like 24 percent on its $150 million short-term loan.
This is especially true for short-term loans, as the last 3 examples in the table show.
