| 11. | Many companies refinanced their debt by selling new bonds more cheaply.
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| 12. | Cities and local agencies refinance their debt when interest rates fall.
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| 13. | The refinancing index is up 44 percent in the last month.
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| 14. | The company also has plans to refinance some of its debt.
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| 15. | At the heart of the issue is how municipalities refinance debt.
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| 16. | The plan calls for the new company to refinance viable projects.
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| 17. | It would issue new bonds and refinance Lilco's debt.
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| 18. | LIPA then may refinance Lilco's debt with new bonds.
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| 19. | Higher coupon bonds are most vulnerable to refinancings when rates dip.
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| 20. | Falling mortgage rates are prompting more Americans to refinance their mortgages.
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