Word: issuing
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...swap their Mexican debts at a markdown of as much as 50% for new bonds that pay a somewhat higher interest rate. Despite the loss that banks would take in the trade, the new Mexican paper would be considered more secure and negotiable than the old debts. Reason: before issu bonds that would be worth $10 billion when they mature in 20 years. The U.S. bonds would then serve as collateral for the new Mexican paper. While the proposal may be a breakthrough in the debt standoff, the $10 billion in loan relief would still leave Mexico with a daunting...
...been receiving nearly 2,000 letters weekly from such varied admirers as moonstruck teen-agers ("We love you, Hanky-poo") and Alabama Governor George Wallace. NBC stands ready to interrupt its regularly scheduled programs to show Aaron hitting Nos. 712 through 715. Computer analysts, astrologists and assorted clairvoyants are issu ing almost daily predictions on his chances for the record this year (latest consensus: a cliffhanger until the season's last day, Sept. 30). Aaron himself says: "I don't know. I can't predict. I just want to keep messing up that computer...
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