Sentence examples for delay interest from inspiring English sources
"Foreigners don't want to be stuck with bonds that delay interest for five years," said Jim Barrineau, vice president for emerging market research at Alliance Capital.
Last November, confusion, uncertainty and a brief spasm of investor panic ensued when the government of Dubai abruptly notified its creditors that it would delay interest payments on the $23 billion in debt that Dubai World owed creditors.
In November, the Dubai government set off a wave of investor panic after it told creditors that it would delay interest payments on the debt that Dubai World owed.
Such is the power of fluctuating oil prices to influence economic decision-making that it was mentioned last week as not only putting extra pounds in shoppers pockets for Christmas spending, but also depressing the inflation rate to the extent that Bank of England officials must delay interest rate rises scheduled for next summer.
Dubai World's standstill created even more of an uproar when a group of foreign hedge funds that had recently become large holders of the bonds of Nakheel, Dubai World's troubled real estate venture, threatened to drive Dubai World into default by rejecting its proposal to delay interest payments.
In fact, homeowners are harmed significantly by this delay: interest and fees continue to accrue on these loans during the conference process, often at high rates, and banks that do ultimately modify loans use those charges to increase the principal balance on the loan.
This may delay interest-rate increases by the Federal Reserve, allowing the economy to boom on.
Yellen blamed "global economic and financial developments", in particular the turmoil in China, for the Fed's decision to delay interest-rate "liftoff", as Wall Street calls it.
Given the recent public outcry about flight delays, interest in privatization is on the rise again.
Money managers may also find the swap unattractive because of the delayed interest payments.
The Poway issue is unusual in delaying interest payments for so long, but there have been others.
