By Lewis McLellan
22 Feb 2021
Bank Nederlandse Gemeenten hit the market for a sterling trade on Monday, securing its cross-currency swap hedge in advance to minimise volatility.
“We’d been looking for an opportunity to print sterling for about three weeks,” said Bart Van Dooren, head of funding at BNG. “The levels were OK but not great and there was a lot of volatility in the cross-currency basis swap.”Van Dooren said that the basis swap
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By David Paulsen
Posted Jan 22, 2021
The Episcopal Actors’ Guild, based at New York’s Church of the Transfiguration, started its food pantry in 2014 to supplement the assistance it provides to struggling actors and other performers. In-person grocery pickup has been suspended during the pandemic. Photo: Episcopal Actors’ Guild via YouTube
[Episcopal News Service] The sharp economic downturn in the United States during the coronavirus pandemic has hit the performing arts industry particularly hard. Nationwide, more than half of all actors and dancers and more than a quarter of all musicians were out of work as of fall 2020, according to the National Endowment for the Arts.