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Mr. Schnautz, at Commerzbank, said that Portugal would probably need to return to markets by late January in preparation for a large redemption of bonds, about 9.5 billion euros, in April and June.
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It would take the form of large redemption of stock mutual funds.
For Freud, it's as if a thief returning this painting would return a token of the dead, and its resurfacing would be an image of a much larger redemption, a token of all the missing people, the lost connections in a life.
For Stewart, it combines a touch of revenge with a large dose of redemption.
Or it can be due to a large number of redemptions by shareholders fleeing a fund.
Red Dead Redemption required a large amount of voice work in order to feel alive.
Because transactions are effected in-kind, [investors] do not have to understand the impact of large redemptions on ETFs.
The idea that a currency issuer should have a large stock of gold on hand to cover redemption requests is a dodgy one.
Sudden large redemptions can be devastating to a fund in the best of times.
That's because ETFs handle large redemptions by distributing the underlying shares instead of cash.
Redemptions will be paid in quarterly instalments, with a large chunk of about $600m due on March 31st.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com