If a larger portion of your balance sheet is low interest debt your cost of capital would be decreased. (aswathdamodaran.blogspot.ru)
Call provisions allow an issuer to retire their old, high - rate bonds and sell low - rate bonds as a way to lower debt costs. (dividendquest.com)
Rising rates also will increase debt costs to the federal government, which continues to rack up deficits and borrowing with reckless abandon. (baltimoresun.com)