Offer price and Pension Benefit Guaranty Corporation: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
m (Organisation check 6/5/13 - no change)
 
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The market maker's selling price.
(PBGC). ''US Pensions''. 
An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds.


The PBGC has wide powers to investigate US pension schemes and their sponsoring companies. 


In relation to foreign exchange, the offer price is the amount of the [[variable currency]] which the market maker will receive in exchange for one unit of the [[base currency]].
The equivalent in the UK is the Pension Protection Fund.  
 
In relation to interest rates, it is the market maker's lending rate.
 


== See also ==
== See also ==
* [[Base currency]]
* [[Pension Protection Fund]]
* [[Bid-offer price]]
* [[Bid price]]
* [[Bid rate]]
* [[Exchange rate]]
* [[Market maker]]
* [[Mid market price ]]
* [[Spread]]
* [[Turn]]
* [[Two-way price]]
* [[Variable currency]]
 
[[Category:Financial_products_and_markets]]

Revision as of 13:57, 6 May 2013

(PBGC). US Pensions. An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds.

The PBGC has wide powers to investigate US pension schemes and their sponsoring companies.

The equivalent in the UK is the Pension Protection Fund.

See also