Exact(2)
Others cut even deeper, with Legal & General knocking 5% off maturity payouts this year.
In an increasingly complex and unstable world, it may be adaptive to put off maturity as long as possible.
Similar(58)
In the longer term, the question is whether these bonds can be paid off at maturity.
If mortgage-backed bonds are paid off before maturity, a portfolio manager may then have to reinvest that money at a lower interest rate.
Play is widely understood as the preparation for adult life, a juvenile pursuit to be cast off with maturity's arrival.
It's like proposing to bring back petroleum, or the N.F.L. Like Aguilera, Timberlake began his career on the "Mickey Mouse Club," proceeded to experience enormous popularity as a member of the boy band 'NSync, and then trundled off toward maturity, trying to put some distance between himself and the preteen squeals.
Caplan boldly predicts that the bonds will pay off at maturity.
Will the troubled Zohar CLOs continue to make interest payments and pay off at maturity?
The further off the maturity date, the more you are exposed to market fluctuations.
In practice, most exotic derivatives that pay off at maturity (i.e., European-style) are of this form.
The rhizomorphs are fragile, and often break off after maturity.
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