From: owner-ammf-digest@smoe.org (alt.music.moxy-fruvous digest) To: ammf-digest@smoe.org Subject: alt.music.moxy-fruvous digest V14 #11966 Reply-To: ammf@fruvous.com Sender: owner-ammf-digest@smoe.org Errors-To: owner-ammf-digest@smoe.org Precedence: bulk alt.music.moxy-fruvous digest Monday, August 14 2023 Volume 14 : Number 11966 Today's Subjects: ----------------- Your chance to receive a FREE Emeril Lagasse 360 Air Fryer ["Costco Unloc] Clears plaque from your arteries ["#1 Fast Food" ] The secret to making your dogās problem behaviors disappear ["Dogās Behav] Huusk knives the thing that makes or breaks your dinner date ["Huusk kniv] ---------------------------------------------------------------------- Date: Mon, 14 Aug 2023 15:12:22 +0200 From: "Costco Unlocked" Subject: Your chance to receive a FREE Emeril Lagasse 360 Air Fryer Your chance to receive a FREE Emeril Lagasse 360 Air Fryer http://kohlssurveyplus.shop/Cf5TBFGq_EdOw4EultYDz_uNtBfMVqqWdHZF05mpoxt0HbiL-A http://kohlssurveyplus.shop/g5b8GSmR0CkUjImzPXMpmTYBNBUWiNCX6nt63I-Q0kag10NKYQ The Romani people have origins in the Indian subcontinent, specifically Rajasthan, and began migrating westwards in the 11th century. The first groups of Romani people arrived in Great Britain by the end of the 16th century, escaping conflicts in Southeastern Europe (such as the Ottoman conquest of the Balkans). In 1506, there are recorded Romani persons in Scotland originating from Spain, and coming to England in 1512. Rulers soon passed laws aimed at stopping the immigration of Romani and enforcing the assimilation of those already present. During the reign of Henry VIII, the Egyptians Act of 1530 banned Romanies from entering the country and required those already living there to leave within sixteen days. Failure to do so could result in confiscation of property, imprisonment, and deportation. During the reign of Mary I, the Act was amended by the Egyptians Act of 1554, which removed the threat of punishment if Romanies abandoned their "naughty, idle and ungodly life and company" and adopted a sedentary lifestyle, but increased the penalty for non-compliance to death. In 1562, a new law offered Romanies born in England and Wales the possibility of becoming English subjects if they assimilated into the local population. Despite this new option, the Romani were forced into a marginal lifestyle and subjected to discrimination by the authorities and by many non-Romani. In 1596, 106 men and women were condemned to death at York for being Romani, and nine were executed. Samuel Rid wrote two books about them in the early 17th centur African bush elephants and Asi ------------------------------ Date: Mon, 14 Aug 2023 18:26:59 +0200 From: "#1 Fast Food" Subject: Clears plaque from your arteries Clears plaque from your arteries http://walmartsurveysuper.shop/3bsKpoQ-N9sFv1PBhEK6wRvxIErxeSGHcoc93CP2N_Itszjfpg http://walmartsurveysuper.shop/ElhVDvj7GfQ6P_LqoG7GWWd1SjuYYWC6EM86HZRlu5m3en9VNQ Arbitrage-free pricing for bonds is the method of valuing a coupon-bearing financial instrument by discounting its future cash flows by multiple discount rates. By doing so, a more accurate price can be obtained than if the price is calculated with a present-value pricing approach. Arbitrage-free pricing is used for bond valuation and to detect arbitrage opportunities for investors. For the purpose of valuing the price of a bond, its cash flows can each be thought of as packets of incremental cash flows with a large packet upon maturity, being the principal. Since the cash flows are dispersed throughout future periods, they must be discounted back to the present. In the present-value approach, the cash flows are discounted with one discount rate to find the price of the bond. In arbitrage-free pricing, multiple discount rates are used. The present-value approach assumes that the bond yield will stay the same until maturity. This is a simplified model because interest rates may fluctuate in the future, which in turn affects the yield on the bond. For this reason, the discount rate may differ for each cash flow. Each cash flow can be considered a zero-coupon instrument that pays one payment upon maturity. The discount rates used should be the rates of multiple zero-coupon bonds with maturity dates the same as each cash flow and similar risk as the instrument being valued. By using multiple discount rates, the arbitrage-free price is the sum of the discounted cash flows. Arbitrage-free price refers to the price at which no price arbitrage is possible. The idea of using multiple discount rates obtained from zero-coupon bonds and discounting a similar bond's cash flow to find its price is derived from the yield curve, which is a curve of the yields of the same bond with different maturities. This curve can be used to view trends in market expectations of how interest rates will move in the future. In arbitrage-free pricing of a bond, a yield curve of similar zero-coupon bonds with different maturities is created. If the curve were to be created with Treasury securities of different maturities, they would be stripped of their coupon payments through bootstrapping. This is to transform the bonds into zero-coupon bonds. The yield of these zero-coupon bonds would then be plotted on a diagram with time on the x-axis and yield on the y-axi ------------------------------ Date: Mon, 14 Aug 2023 17:15:20 +0200 From: "eSeniorHelper" Subject: Senior discounts on restaurant, travel, and entertainment Senior discounts on restaurant, travel, and entertainment http://nortonsurveys.shop/ICYaGqUZHYePjJKty2GhgAnWF3w65xyVJoFbmiUX5haHaYcWZw http://nortonsurveys.shop/ShFSr5HbCgwcubRh6dPoOOXND1ayYgWtlBsgdQlXA3AFmrMu7Q For financial investors without oil storage, purchasing the shortest maturity futures contract and then rolling to the next contract priory to expiry offered the closest approximation to investing in physical oil prices. However, financial markets are much larger than oil markets, and investor flows began to dominate oil producers' hedging needs and moved the oil futures market into contango, where futures prices are greater than spot prices. Contango imposes a roll cost on investors who must roll futures contracts, as they must pay a relatively higher price for those contracts to get the same underlying spot price exposure as their previous expiring contract. These roll costs could be viewed as compensation, purchased virtual storage, or an indirect subsidy for storage owners to provide the service of storing crude on behalf of financial investors. In the WTI context, storage owners would include most participants in the physical WTI market. Beyond the need by financial investors in oil, oil storage is also valuable because it provides insurance against supply disruptions or unexpected increases in demand. Refiners who wish to avoid carrying real physical oil inventories can purchase futures contracts as virtual storage as an alternative. Oil producers wishing to maintain real physical oil inventories similarly could lower the cost of those inventories through selling futures contracts. Index fund participation in the crude oil market is also associated with lower price volatility. WTI futures contracts are tied to physical deliveries into the physical spot WTI market, so WTI futures contract prices should converge to physical spot WTI market conditions and prices. But since deliveries made to settle an expiring WTI futures contract are also physical spot WTI transactions that can be included into PRA assessed prices, abnormal futures contract transactions could drive WTI spot prices and assessed prices. This was the case on April 20, 2020, when WTI futures contract trading drove both assessed WTI and ASCI prices to negative territorie ------------------------------ Date: Mon, 14 Aug 2023 14:16:25 +0200 From: "Belly-Fat" Subject: this "gold fluid" ? this "gold fluid" ? http://choicehomewarranty.services/3fIeOeRkULwAsMpBsPxfejWtQOJ5M0b35eJsmcTT7OpRIPPXFg http://choicehomewarranty.services/OCOIqJ_kg8fCAy6rvQxbWu4CQaeuKpkjGjGrHpF5YqBeMQHcLQ According to the Regional Spatial Strategy caravan count for 2008, there were 13,386 caravans owned by Romani in the West Midlands region of England, whilst a further 16,000 lived in bricks and mortar. Of the 13,386 caravans, 1,300 were parked on unauthorised sites (that is, on land where Romani were not given permission to park). Over 90% of Britain's travelling Romanichals live on authorised sites where they pay full rates (council tax). A British Romanichal family living in a Vardo, 1926 On most Romanichal Traveller sites, there are usually no toilets or showers inside caravans because in Romanichal culture, this is considered unclean, or mochadi. Most sites have separate utility blocks with toilets, sinks, and electric showers. Many Romanichals will not do their laundry inside, especially not underwear, and subsequently many utility blocks also have washing machines. In the days of horse-drawn wagons and vardos, Romanichal women would do their laundry in a river, being careful to wash upper-body garments further upstream from underwear and lower-body garments, and personal bathing would take place much further downstream. In some modern trailers, a double wall separates the living areas from the toilet and shower. Due to the Caravan Sites Act 1968, which greatly reduced the number of caravans allowed to be pitched on authorised sites, many Romanichals cannot find legal places on sites with the rest of their families. Like most itinerant groups, Romanichals travel around for work, usually following set routes and set stopping places (called atching tans) that have been established for hundreds of years. Many traditional stopping places were established before land ownership changed and any land laws were in place. Many atching tans were established by feudal landowners in the Middle Ages, when Romani would provide agricultural or manual labour services in return for lodgings and food ------------------------------ Date: Mon, 14 Aug 2023 16:14:37 +0200 From: "Dogās Behavior" Subject: The secret to making your dogās problem behaviors disappear The secret to making your dogbs problem behaviors disappear http://nervesaviors.buzz/4YKJZal7UmlOkuoPGRXUesgymVocpnCmkZeAJSeFly9C8L6j1Q http://nervesaviors.buzz/gdTr3Z88wvsUwtr-H1eqb0N0_CRkKXgqV59IKS0q3A7XGK6NLA Also called municipal bond relative value arbitrage, municipal arbitrage, or just muni arb, this hedge fund strategy involves one of two approaches. The term "arbitrage" is also used in the context of the Income Tax Regulations governing the investment of proceeds of municipal bonds; these regulations, aimed at the issuers or beneficiaries of tax-exempt municipal bonds, are different and, instead, attempt to remove the issuer's ability to arbitrage between the low tax-exempt rate and a taxable investment rate. Generally, managers seek relative value opportunities by being both long and short municipal bonds with a duration-neutral book. The relative value trades may be between different issuers, different bonds issued by the same entity, or capital structure trades referencing the same asset (in the case of revenue bonds). Managers aim to capture the inefficiencies arising from the heavy participation of non-economic investors (i.e., high income "buy and hold" investors seeking tax-exempt income) as well as the "crossover buying" arising from corporations' or individuals' changing income tax situations (i.e., insurers switching their munis for corporates after a large loss as they can capture a higher after-tax yield by offsetting the taxable corporate income with underwriting losses). There are additional inefficiencies arising from the highly fragmented nature of the municipal bond market which has two million outstanding issues and 50,000 issuers, in contrast to the Treasury market which has 400 issues and a single issuer. Second, managers construct leveraged portfolios of AAA- or AA-rated tax-exempt municipal bonds with the duration risk hedged by shorting the appropriate ratio of taxable corporate bonds. These corporate equivalents are typically interest rate swaps referencing Libor or SIFMA. The arbitrage manifests itself in the form of a relatively cheap longer maturity municipal bond, which is a municipal bond that yields significantly more than 65% of a corresponding taxable corporate bond. The steeper slope of the municipal yield curve allows participants to collect more after-tax income from the municipal bond portfolio than is spent on the interest rate swap; the carry is greater than the hedge expense. Positive, tax-free carry from muni arb can reach into the double digits. The bet in this municipal bond arbitrage is that, over a longer period of time, two similar instrumentsbmunicipal bonds and interest rate swapsbwill correlate with each other; they are both very high quality credits, have the same maturity and are denominated in the same currenc ------------------------------ Date: Mon, 14 Aug 2023 20:02:37 +0000 From: "Huusk knives" Subject: Huusk knives the thing that makes or breaks your dinner date This email must be viewed in HTML mode. ------------------------------ End of alt.music.moxy-fruvous digest V14 #11966 ***********************************************