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rolling 28-day auction rate basis

Spanish translation: sobre la base de (basada en) una tasa renovable de subasta de 28 días

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:rolling 28-day auction rate basis
Spanish translation:sobre la base de (basada en) una tasa renovable de subasta de 28 días
Entered by: SandraV
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19:35 Feb 11, 2007
English to Spanish translations [PRO]
Bus/Financial - Accounting / Financial Statements
English term or phrase: rolling 28-day auction rate basis
Under the 2004 facility, each of six separate Delaware trusts (the “Trusts”), issues $50,000 in perpetual CPS Securities on a ***rolling 28-day auction rate basis**.
Proceeds from these securities are invested in high quality, short-term securities and are held in the respective Trusts.
SandraV
Mexico
Local time: 02:31
sobre la base de (basada en) una tasa renovable de subasta de 28 días
Explanation:
Buena suerte!

No es una tasa fija, sino que se renueva cada periodo de 28 dias.

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Note added at 5 hrs (2007-02-12 01:08:51 GMT)
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DEL AHD

To reinvest (funds from a maturing security or from a tax-deferred account) into a similar security or account

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Note added at 5 hrs (2007-02-12 01:09:07 GMT)
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...definicion de rolling....
Selected response from:

Armando Diaz
Local time: 01:31
Grading comment
Muchas gracias, Armando :)
4 KudoZ points were awarded for this answer

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Summary of answers provided
4sobre la base de (basada en) una tasa renovable de subasta de 28 días
Armando Diaz


  

Answers


5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
sobre la base de (basada en) una tasa renovable de subasta de 28 días


Explanation:
Buena suerte!

No es una tasa fija, sino que se renueva cada periodo de 28 dias.

--------------------------------------------------
Note added at 5 hrs (2007-02-12 01:08:51 GMT)
--------------------------------------------------

DEL AHD

To reinvest (funds from a maturing security or from a tax-deferred account) into a similar security or account

--------------------------------------------------
Note added at 5 hrs (2007-02-12 01:09:07 GMT)
--------------------------------------------------

...definicion de rolling....

Armando Diaz
Local time: 01:31
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 12
Grading comment
Muchas gracias, Armando :)
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