Sentences with phrase «missed interest payments on bonds»
the Treasury was unable to move enough precious metal to service its debt, and missed interest payments on bonds.
https://politics.stackexchange.com/ Not exact matches
Now IPIC has missed an interest payment on 1MDB's bonds.
Highly rated companies that are financially strong and have massive amounts of cash on their balance sheets — think Microsoft, Exxon, etc. — can typically offer bonds with lower yields since investors are confident that the companies won't default (i.e., miss interest or principal payments).
The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.