In January, it also redeemed 125 million Swiss francs ( $ 85 million ) of 5 percent nonconvertible callable bonds due in 1999.
32.
That could spell bad news for callable bonds, and could prompt investors to put their money into Treasuries, driving rates even lower, investors said.
33.
The bonds were priced with yields ranging from 3.8 percent for bonds maturing in 2000 to 5.07 percent for a callable bond in 2026.
34.
-- MICHAEL BRILLEY, fixed-income portfolio manager and senior vice president at SIT Mutual Fund Group, on why he prefers to invest in callable bonds:
35.
The electric utility, a unit of Scecorp, will use proceeds from the sale to redeem some existing 9 . 25 percent callable bonds, Butler said.
36.
Israel sold 10-year non-callable bonds that pay interest of 6 . 375 percent at 99 . 155 at a yield of 6 . 491 percent.
37.
If you buy a bond paying a high coupon, the issuer of a callable bond can spoil the party by paying you back early in full.
38.
Puerto Rico's sale of $ 405 million of non-callable bonds attracted investors because interest on the bonds is tax-deductible in every state, making them easier to trade.
39.
The company sold the non-callable bonds today at a yield of 7.81 percent, or 85 basis points more than the 30-year Treasury bond due in November 2026.
40.
By issuing a large number of callable bonds, they have a natural hedge, as they can then call their own issues and refinance at a lower rate.
