This could be done through a standstill in repayments, extension of maturity, interest-rate cut or, in the most severe cases, the dreaded haircut.Other measures were designed to make this prospect seem even more distant.
Solid auction results on the five-year maturity renewed interest in other Treasuries as investors bought the issue at a better-than-expected yield of 6.060 percent.
Basically, Convertible Equity removes the repayment at maturity and interest provisions of Convertible Debt.
Weighted average maturity indicates interest rate risk in a bond fund.
Exceptional lending, for instance, already carries the maturities and interest rates that Congress demands.
The pivotal question is whether this goal can be accomplished without changing the straitjacket that all high school students must spend four years in high school regardless of their academic abilities, social maturity and interests.
I like to own longer maturities as interest rates fall, since you get more bang per buck.
I would sell further-out maturities because interest rates now are well below their norms and are likely to rise as the U.S. economy begins to recover.
In other words, ultimately, an economy can generate so much debt that no matter what outsiders do, in terms of trying to restructure the debt, forgive payments, extend maturities, lower interest rates, it doesn't work.
Market analysts are convinced Athens will have to reduce its debt substantially by a mixture of rescheduling maturities, lower interest rates and possibly convincing private investors to take voluntary losses to avoid a disorderly default.
