Only short-term borrowing has allowed Connecticut to continue paying its bills.
It had to step up its short-term borrowing in the quarter even to maintain that amount of cash.
They provide a cheap method of short-term borrowing for bank customers.
Then it will have to do some short-term borrowing or be unable to meet its obligations.
And Massachusetts officials said more short-term borrowing may be necessary.
That is the rate charged commercial banks for short-term borrowing.
The risk in short-term borrowing and long-term lending is well known.
All these problems have led to the proliferation of short-term borrowing to balance the Russian budget.
The company will finance the purchase initially with short-term borrowing.
As one of its changes in 1993, the Treasury shifted to more short-term borrowing.