Sentences with phrase «noncallable debt»

Illiquid assets must be funded by equity or long - term noncallable debt, where the term is as long as the asset's horizon.

Not exact matches

What I am arguing is that choosing the narrow area of the bond market that did best over the last 30 years — highest quality noncallable long debt, is not a fair comparison against the stock market as a whole.

Now, when I was a bond manager, because my client had a large amount of long noncallable liabilities, I bought less liquid debts when I received adequate compensation to do so, but not more than my client's balance sheet could tolerate.