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But the new securities also come with fewer strings attached.
Under the swap, Argentina will offer five new securities.
The remainder, about $5 billion, will be in new securities.
The new securities are divided into three (or more) levels of risk.
In late 2004 Goldman helped launch a new securities company, Beijing Gao Hua.
Of course, the money to buy these new securities was also created as debt.
Investors were willing to buy these new securities (bundles of Americans' mortgages).
Next week, the Treasury will sell $25 billion in new securities.
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With policy changes such as new securities-broker reporting requirements, and The 2009 Stimulus Act expiring this year, "Do-it-Yourself" options should be considered carefully.
There could be a wave of new securities-related lawsuits, which will put at risk the personal assets of directors and officers.
Exhibit C: a new Securities and Exchange Commission rule that requires mutual funds to include after-tax returns in prospectuses.
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