Word: bondses
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Behind the current surge in dividends is a desire by many companies to make their stocks more attractive, thus allowing them to raise money by issuing new stock instead of by bonds or other debt securities. Debt financing swelled considerably during the past five years as stock prices fell to...
Goaded by Ford's disclosure three weeks ago of his personal finances, Ronald Reagan last week released a two-page accounting that put his net worth at $1,455,571 (v. Ford's $323,489). Reagan estimated his earnings last year at $282,253, chiefly from speeches, newspaper...
INTEREST RATES. Short-term rates are flat; long-term rates are coming down. Last week the New Jersey Bell Telephone Co. sold $100 million worth of bonds at an 8.34% yield, the lowest rate for any Bell offering in two years. Although Arthur Burns, chairman of the Federal Reserve Board...
Residents of Tehran have been told that they themselves, by buying government bonds, will have to put up most of the $1.2 billion needed to build a subway system in the capital.
It so happens that $60 million is the most common estimate of how much money Vesco has pumped into the Costa Rican economy, most of it through the purchase of government bonds. Vesco will not say what else he owns; he is reputed to have invested heavily in industry, agriculture...