Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in bonds issued by Puerto Rico's highway, water and electricity authorities even as some big U.S. mutual funds launch a legal battle
also offered to redeem the previously outstanding convertible bonds worth $650 million. However, the market did not respond positively ..... substantial value; as a result, Seadrill decided to withdraw the new bond offering and the offer to convert the debt into equity. However
TOKYO, July 23 (IFR) - Twenty-year Japanese government bonds outperformed on Wednesday after an auction pointed to growing demand for that tenor.
forecast shortfall of the path of the unemployment rate from its full-employment level--when estimates of risk premiums in the bond market are abnormally low. This view has put Stein a bit in the camps of the hawks, meaning simply those who for one reason
BOGOTA, July 22 (Reuters) - Investment bank J.P. Morgan will not increase the weighting of Colombia's peso-denominated debt in one of its closely followed emerging market bond indices, the company said on Tuesday, correcting a note it issued earlier in the day.
* Canadian dollar at C$1.0736 or 93.14 U.S. cents * Bond prices rise, 10-year yield at more than 1-year low (Adds details, quotes, updates prices) By Leah Schnurr TORONTO, July 22 (Reuters) - The...
especially in the wake of the U.S. Federal Reserve winding down its bond purchases. The recent tensions in Iraq highlighted yet again the vulnerability ..... started in 2013 . Greece’s return to markets with a successful bond sale and improved market sentiment has fanned hopes that economy
broad universe of U.S. bonds . When rates are flat ..... than investment-grade bonds , also outperformed the overall domestic bond market when interest ..... the collective U.S. bond market. When rates fall ..... that longer-duration bonds realize when interest
NEW YORK, July 22 (IFR) - Bonds of Brazilian banks rallied on Tuesday after prosecutors in the country slashed estimates of the profits made by the banks on savings accounts more than two decades...
and tax-exempt interest on bonds must be on the table for consideration ..... including interest on municipal bonds and employer-provided ..... such as the tax on municipal bond interest and the asset-based tax ..... proposals as taxing municipal bond interest or limiting charitable