Not exact matches
As a Defined
Maturity fund approaches its liquidation date, the fund's securities will mature and the fund may reinvest the
proceeds in money market securities with lower yields than the securities previously held
by the fund.
As a defined
maturity fund approaches its liquidation date, the fund's securities will mature and the fund may reinvest the
proceeds in money market securities with lower yields than the securities previously held
by the fund.
As maturing
proceeds are reinvested at the end of the ladder, the yield of the portfolio is greater than what would be expected
by the average
maturity of the bond portfolio because of the positive slope of the yield curve.
The net amount representing the dividend / interest and
maturity proceeds of units may be remitted through normal banking channels or credited to NRE / FCNR account of the investor, as desired
by him subject to payment of applicable tax.
Commercial paper is usually repaid at
maturity by the issuer from the
proceeds of the issuance of new commercial paper.
Also, the net
proceeds of the new placing will essentially get eaten up
by the current $ 12.9 mio annual cash - burn rate & the upcoming
maturity of $ 10.8 mio in debentures.
Which means for the time being, those who own life insurance and are approaching the
maturity age of their life insurance policy really do face the potentially «taxing» problem of outliving their insurance coverage, and being impacted
by the resulting taxable event of receiving the policy's
proceeds as a living distribution!
Moreover, you can also select to collect the
maturity proceeds partly in cash and the balance
by way of installments, for up to 5 years after
maturity,
by choosing our settlement option.