Sentences with phrase «xyz bond»

Lets say the interest rate of a corporate XYZ bond is 6 % in 2005.

Assume that interest rates have gone up since you bought your XYZ bond, and that new bonds of comparable quality are now paying 7 %.

Let's say that you decide to sell your XYZ bond and use the money to take the family to the beach this summer.

Although you originally intended to hold onto your XYZ bond for the full 30 years, real life is rarely quite that simple.

Here's how this affects your XYZ bond.

For example, consider a Company XYZ bond with a 10 % yield to maturity (YTM).

Why would any investor want to buy your old XYZ bond that will pay him only $ 60 per year in interest when, for the same price, he can buy a new one that will pay $ 70?

If you purchase one of these new XYZ bonds, you will receive $ 60 per year from XYZ on your $ 1,000 investment (6 % times $ 1,000).

The holders of the 10 % bonds would receive their principal back (and probably a small call premium), but they would then have to find other investments, none of which would probably pay as well as the Company XYZ bonds.

Because investors can now buy 8 % XYZ bonds, the old, 6 % bonds are now paying less than the market rate.

at any time the aggregate face value of XYZ bonds that have not been redeemed is less than 10 % of the aggregate face value of the XYZ bonds originally issued.

XYZ Limited has applied for XYZ bonds to be quoted on ASX.

If at any time any member of the XYZ Limited group guarantees the obligations of any other member of the XYZ Limited group in respect of financial indebtedness, that guarantor will also guarantee the obligations of XYZ Limited under XYZ bonds (for so long as the first - mentioned guarantee by the member of the XYZ Limited group remains in place).

XYZ Limited is seeking to raise approximately $ 200 million through XYZ bonds.

There are risks associated with an investment in XYZ bonds, as well as risks associated with an investment in XYZ Limited generally.

Holders of XYZ bonds will have no right to require redemtpion prior to the maturity date except where there is change of control or XYZ bonds cease to be quoted on ASX.

However it is not a condition of the offer that XYZ Limited receives applications for a minimum number of XYZ bonds or that a minimum amount is raised and XYZ Limited as the right to raise more or less than the above amount.

XYZ bonds rank at least equally with all other unsecured obligations of XYZ Limited (othr than obligations mandatorily preferred by law) in relation to interest payments and the repayment of the issue price.

Not exact matches

So much sexier to say you bought XYZ stock than a sovereign bond (Except for a sovereign British bond:O)-RRB-.

Assume that when XYZ first sells its bonds (through selected brokerage firms), you buy one of these brand - new bonds at par value.

Then, in addition to the interest received from XYZ, the buyer will also reap a profit when he ultimately collects $ 1,000 (if all goes well) for a bond he bought from you for only, say, $ 900.

At that time, XYZ will repay the par value to whoever owns its bonds.

Bond traders would call these bonds the «XYZ sixes of» 45.»

No matter what happens to interest rates over the next 30 years, XYZ is obligated to pay investors 6 % per year on these bonds.

So if Company XYZ's bonds are callable, and rates fall from 10 % to 3 %, Company XYZ will probably call the 10 % bonds and issue new bonds with a lower coupon.

Returning to our earlier example, if XYZ gets into trouble due to poor management and earnings, its ability to pay off its bond debts may come into question.

When I worked in the investment department of a number of life insurers, every now and then I would hear one of the portfolio managers say, «We know that the rating agencies are going to downgrade the bonds of XYZ Corp, but we like the story.

In other words, XYZ will fund ABC's interest payments on its latest bond issue.

If company ABC (Rating: AAA) wanted to issue bonds at 5.00 % their competitor XYZ (Rating: AA) would have to pay a higher yield to attract the equivalent investment because of the perceived lesser quality of their debt.

Discount refers to a price below the par value (price at maturity) and the interest rate is higher than the coupon of the bond at par.E.g.: Company XYZ Corporate 2015 6.50 trading at $ 95 (6.84 % yield).

Instead of issuing bonds at 5.00 % XYZ might need to offer investors a yield of 5.50 %.

C.D.O.'s were a step removed — instead of buying mortgages, they bought bonds that were backed by mortgages, like the bonds issued by Subprime XYZ.

Since even the lowest - rated bonds in XYZ would be covered up to a loss level of 7.25 percent, the bonds seemed safe.

To raise more money for growth, XYZ wants to issue new bonds.

So, in 2007 XYZ issues new 8 % bonds.

If an investor who owns an XYZ Company corporate bond needs to sell his or her holding in a hurry, they would have to check the market, or with a broker for a current quote and see which parties might be interested in purchasing the bond.