Reduced rate for financing against securities (01.11.2007)

November 1, 2007 / Banking

On Tuesday the Federal Open Market Committee of the Federal Reserve System (USA) decided to reduce the federal funds rate to the level of 4.5%. 

In view of the above-mentioned as of 01.11.2007. the brokerage company “AB.LV Capital Markets” for its customers reduces the rate for financing against securities in US Dollars by 0.25%. 

Further information about this event and offered services can be obtained from specialists of AB.LV Capital Markets:  

  • Vadims Burcevs, Head of  Sales and Customer Servicing Department, tel. + 371 67 00 27 72;      
  • Andrejs Janisovs, Deputy Head of  Sales and Customer Servicing Department, tel. + 371 67 00 27 84;
  • Aleksandra Savlova, Customer Servicing Manager of Sales and Customer Servicing Department, tel. + 371 67 00 27 78.  

Press service:

Phone: (371) 777-52-22, fax: (371) 777-52-00
E-mail: bank@ab.lv