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This means that in case of a default, the investor gets his principal and interest.
That means analysts would be able to run their own calculations of what would happen in case of a default.
That means analysts would be able to run their own assessments of what would happen in case of a default.
In return for a premium, the seller of a swap promises to cover the full value of a given bond in the case of a default.
So did prices for credit default swaps, which amount to insurance premiums paid to protect bondholders in the case of a default.
In case of a default, the city is first in line to recover outstanding real estate taxes or other charges, followed by the mortgage lender.
Similar(32)
In the case of a mortgage default, for example, the new status quo would be foreclosure.
That cushion could be quickly wiped out in the case of a U.S. default.
The bond investors have the right to those underlying assets in the case of a bank default.
In the case of a United States default, KLS says it believes it can make money if investors flee the market, said Harry Lengsfield, a managing partner of the firm.
China, as the chief holder of U.S. Treasury bonds — around $1.28 trillion — and thus one of the larger parties that wouldn't be paid in the case of a debt default, may have justifiable cause to be concerned.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com