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Leveraged loans (those made to highly indebted borrowers) have also bounced back; issuance in the first quarter of 2013 was a record $286.6 billion, according to Thomson Reuters.The turnAnother product to regain popularity is the commercial mortgage-backed security.
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Indonesia has scaled back its issuance of one type of sukuk due to similar complaints.
With banks and insurance companies revamping their securitization and mortgage backed security issuance, Countrywide found its margins being squeezed.
Bearish technicals coupled with financial institutions cutting back on card issuances and impending oversight from Washington could spell trouble for the No. 2 U.S. electronic payment network company.
But in 1999 and 2000 the rate of issuance dropped back to an $83 billion rate.
A leveraged bailout rescue fund is being cobbled together -- one that would partially back Eurozone state bond issuance.
Now the hotelier has agreed to give Mr. Burkle's investment firm several properties to cancel some of its debt, in exchange for the billionaire's backing a $100 million rights issuance.
Based on that projection, the Treasury will have curtailed issuance and bought back enough debt by fiscal 2006, which begins on Oct. 1, 2005, to bring an end to an active Treasury market, according to bond market analysts.
The recent performance of the 30-year bond has been distorted by Treasury plans to reduce issuance and buy back longer-term Treasury securities with the federal budget surplus.
28] that Henry Ford's application had been granted as far back as 1935, but that issuance of the patent had been delayed until they had completed a comprehensive investigation to determine whether or not any earlier developments had been duplicated in the plans submitted.
The only good performer lately is the 30-year Treasury, now rallying in response to the government's plan to shrink issuance and buy back long bonds.
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