Because this calculation is only necessary to determine the bondholder's basis, it need not be
done by the bondholder until sale or other disposition of the bond and, if the holder holds the bond until maturity, it need never be done.
Not exact matches
For example, in Hans v. Louisiana (1890), the high court ruled against a Louisiana resident
bondholder on 11th Amendment grounds even though it
did not specifically preclude suits
by a state's citizens.
And, he says, Hunter and his army of retail investors
did nothing that hasn't been repeatedly
done by investment bankers,
bondholders and hedge funds during other CCAAs, such as the restructuring of Hamilton steelmaker Stelco, where self - serving parties threatened the future of thousands of workers in order to turn a profit after buying voting power from scared creditors.
A new study
by researchers at the Federal Reserve Bank of New York suggests that
bondholders still don't believe the government would ever let the firms collapse into bankruptcy — after a decade of efforts
by regulators to convince them otherwise.
While the U.S. equity market advanced strongly on the day the Treasury plan was announced, most market indices were lower
by the end of the week, and credit spreads (indicators of
bondholder concerns about default risk)
did not budge.