Sentences with phrase «yielding bonds issued»

The consent, from more than 97 percent of senior secured bondholders, follows similar approval from senior banking lenders and from holders of its 1.3 billion euros of high - yield bonds issued via Lighthouse International Company SA, a unit of Seat PG.
All of the allowed claims attributable to the prepetition high yield bonds issued by the Company were converted into new common stock as set forth in the plan of reorganization.
It's understandable that investors are hesitant to pick individual high yield bond issues and invest given solvency risk of any one particular company in conjunction with the hassle and minimum investment requirements many of them entail.
1High - yield bonds issued by foreign governments and foreign corporations will not be addressed within the scope of this booklet, which will primarily focus on high - yield bonds issued by U.S. corporations.
If you donâ $ ™ t mind taking on even more risk, you can spice up your portfolio with high - yield bonds issued by companies with weaker balance sheets.

Not exact matches

Serge Pepin, the head of BMO Investments, says people should consider corporate or high - yield bonds — also known as junk bonds — which pay higher yields than federal issues.
The electric car maker's bond issued last year and maturing in 2025 sinks, sending the yield above 7 percent.
The Financial Times reports that $ 20 billion in dollar - denominated bonds issued by HNA and its subsidiaries are due to mature in 2018 or 2019; yields on three of those bonds have spiked, doubling this month to more than 18 %.
debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions
The U.S. government does not issue high - yield bonds.
So while these «fallen angel» bonds have the potential to be intrinsically higher quality than debt originally issued at the junk or high - yield level, undue structural selling pressure from the downgrade can cause them to sell at a discount.
High - yield bonds represented by the Bloomberg Barclays High Yield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to matuyield bonds represented by the Bloomberg Barclays High Yield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to matuYield 2 % Issuer Capped Index, comprising issues that have at least $ 150 million par value outstanding, a maximum credit rating of Ba1 or BB + (including defaulted issues) and at least one year to maturity.
The risk in higher yielding junk bonds first and foremost is derived from fact that any company paying north of 5 % to issue debt has a high probability of never paying back the investors who by the debt.
At the same time, some 70 per cent of government - issued bonds are yielding 1 per cent or less, and when you combine the equity / bond value of the 15 largest global markets they've never been more expensive.
Emerging companies While many high yield bonds are issued by former investment grade companies in decline, the high yield market also provides financing opportunities for emerging companies seeking working capital for expansion or to fund acquisitions.
Capital appreciation potential Companies issuing high yield bonds have the potential to turn around their financial standing, creating the opportunity for investors to realize capital gains as bond values increase, due to improving business conditions or improved credit ratings.
High - yield bonds are usually issued by firms that have an uncertain financial outlook — either they have fallen into deteriorating credit situations, they are emerging growth companies, or they are undergoing corporate restructurings.
On the yield measures, we've had some relief for Treasury yields in the past couple of weeks, but we've also seen a significant spike in the yield on many industrial bonds over that same period, including issues in the Dow 20 Bond Average.
The continent's pension funds, meanwhile, face a tougher challenge paying for their members» retirement, as early September saw the world's first negative - yielding corporate bonds, issued by French pharmaceutical firm Sanofi and German cement maker Henkel.
Borrowers issue high - yield or «junk» bonds because they are considered too risky to raise funds through established channels.
* Example of bond yield fluctuation: Say a company issued a $ 1,000 bond paying 5 % interest and an investor buys one.
For the first time ever, Germany's 10 - year government bond yield recently fell below zero, joining negative government debt issued by Japan, Switzerland and other countries.
After reaching a year - to - date low Option Adjusted Spread (OAS) of 378 bps on May 8, the spread for the S&P U.S. Issued High Yield Corporate Bond Index reversed direction.
This is why as soon as WeWork, the US shared office space company, said it wanted to issue $ 500 million of high yield bonds, we saw morale perk up and investors dive into the new issuance.
NOTE: High - yield bonds are subject to additional risks, such as increased risk of default and greater volatility, because of the lower credit quality of the issues.
This political guy has announced that he plans to issue more short - term bonds and less long - term bonds in order to rig the yield curve further as the Fed unwinds QE.
High - yield bonds are issued by corporations with lower credit quality ratings.
They are riskier than bonds issued by higher rated investment - grade companies, so they often offer higher yields.
The duration of the S&P Municipal Bond High Yield Index is 7.58 vs a 4.98 duration of the S&P U.S. Issued High Yield Corporate Bond Index.
Reflexively, these worries are causing them to come to true — as pessimism increases, yields on Spanish bonds increase, and Spain will have to pay higher rates on new debt issued.
Borrowers issued the fewest bonds in Australia in almost three years last quarter as Europe's budget crisis roiled markets, driving up yield premiums, while the nation's banks used record term deposits to cut debt offerings.
Cons: The primary negative associated with investment grade floaters is that when issued they generally offer current yields that are significantly lower than a typical fixed rate bond of the same maturity offered by the same issuer.
Meanwhile, any QE expansion would make the issue of core bond scarcity worse — we estimate that 45 - 50 % of the PSPP universe of German Bunds currently trade below the ECB's deposit rate, thus non eligible for QE, and contributing to a flattening of the German yield curve.
The central bank can not buy bonds that yield less than the deposit rate, currently -0.4 percent, and can not own more than a certain proportion of each bond issue.
Conversely, as interest rates fall, prices of outstanding bonds rise until their yield matches that of new bonds issued at the current rate.
And just as long - term bond prices decline as interest rates rise (because new investors demand the yield on old bonds matches those of newly issued, higher yielding ones), the same can be true (though not always) for triple net lease REITs such as STORE Capital.
The Standard & Poor's U.S. - Issued High Yield Bond Index is down only 1.73 percent in the fourth quarter, as expectations of a Federal Reserve rate hike rose.
Hosansky added that companies that issue investment - grade bonds will tend to benefit much more than those that issue high - yield bonds.
The Third World countries which still had access to international financial markets and which could issue public bonds in London or New York, had to increase the yield payments they guaranteed to purchasers of their bonds.
We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.
However at 10.75 %, the yield on the bond is still much higher than government's initial target of 8.5 % and also higher than the previous one which had coupon rates of 8 % and 8.5 % percent for its $ 2 billion bond issued.
The graph below charts yield to worst of bonds in the S&P Municipal Bond Puerto Rico General Obligation Index vs. the yield to worst of bonds in the S&P U.S. Issued CCC & Lower High Yield Corporate Bond Iyield to worst of bonds in the S&P Municipal Bond Puerto Rico General Obligation Index vs. the yield to worst of bonds in the S&P U.S. Issued CCC & Lower High Yield Corporate Bond Iyield to worst of bonds in the S&P U.S. Issued CCC & Lower High Yield Corporate Bond IYield Corporate Bond Index.
Investment grade bonds as measured by the S&P U.S. Issued Investment Grade Corporate Bond Index turned it up a notch as the index's yield tightened by 9 basis points on the week to a 2.76 %.
Let's say you still have that 5 % bond, only this time interest rates fall, so the government issues a $ 1,000 bond with a 4 % yield.
So it has to issue a $ 1,000 bond with a 6 % yield.
As mentioned, the S&P U.S. Issued High Yield Corporate Bond Index has returned 5.38 % year - to - date.
For instance, a callable municipal bond is issued with a 6 % yield.
Trills, being perpetual bonds with a growing coupon, are longer than any fixed income instrument that I have ever seen, so if they were issued in large amounts, who knows what the initial yields would be?
Assuming the bond was actually issued with a negative coupon, if you are short (borrowing someone else's bond to sell the bond at a lower price / higher yield) Who pays the coupon?
The new bonds issued in euros were issued with a yield close to historic minimums in the euro market.
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