Current bondholders with fixed coupons become increasingly harmed by dropping bond prices as their securities approach maturity.
Or it may be forced to pile on the debt, hurting
current bondholders.
Not exact matches
Based on
current information, «the GDB, which faces its own liquidity crisis, is not expected to be able to make the payment,» to its
bondholders, the statement added.
Among the proposals, Orr asked
bondholders and
current public workers to accept deep cuts on their respective investments and retirement plans.
Also, can you tell me how these are priced, if a
current port authority bond holder is now being paid 20 %, can the
bondholder sell the bond above face value?