To compare the two in the current market, and to
convert older bond prices to their value in the current market, you can use a calculation called yield to maturity (YTM).
Not exact matches
For example, if we need to create 100 Basecoin, we
convert the 100
oldest outstanding
bonds into 100 new coins.
But under the terms of a 1990 law that
converted the
old spring borrowing into long - term
bonds, the state can re-enter short - term credit markets only if the governor and legislative leaders first jointly certify the «emergency or extraordinary factors» that make it necessary.
Regarding the $ 200 + million in digital coin, Tezos is slowly
converting it to the
old fashioned type currency and then investing it in boring things like stocks,
bonds and precious metals.