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In some ways, the deal allows the hedge fund to take on leverage, the financial term for borrowing money to enhance returns.
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The move was another shot in the arm for investors, who responded positively to the Federal Reserve's surprise decision to reduce the discount rate from 6.25% to 5.75% on August 17th and extend the terms of borrowing for such loans.
I think the other thing to remember is before this release we were already behind schedule in terms of borrowing for the year as a whole, so it does take in a risk for an upward revision to government borrowing requirements coming November.
He was also responsible for borrowing the term "rainbow warriors" from a Cree legend that prophesied that races from around the world would one day come together to defend mother earth.
The medium-term forecasts for borrowing look fragile, depending on sustained solid economic growth, much slower expansion of public spending and a rise in the tax share of GDP to its highest level since the early 1980s".
Whatever the reason, the lawyers used a term that talked about "debt for borrowed money," and health care trust argues that the note wasn't for money and so should be excluded.
While personal loan rates are usually fixed for the term of borrowing, credit card rates are subject to change.
With low-term cost of borrowing for governments so low, the case for more spending on infrastructure is strengthening.
But the cost may be largely a political one, for the coalition, rather than an economic one: there has already in recent weeks been a smallish rise in the long-term costs of borrowing for the Treasury, which may be markets discounting the ratings downgrade.
The governor of the bank, Chon Chol Hwan, said the slowing global economy was another reason for easing terms for corporate borrowing and investing.
The remaining 35% does not just pay for services from school meals to gritting to refuse collection but also for councils' long-term borrowing arrangements.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com