Word: yielding
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Dates: during 1990-1999
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Issuing bonds is a good deal for Harvard because what its investors gain in security, they lose in yield, which is the money they get for holding Harvard's debt...
Since the University already has almost $750 million in tax free bonds outstanding--five times the new limit--any future issues will have to be taxable. To balance that tax, a higher yield will transfer more money University's pocket to the buyers,' Teft said...
...example A.G. Edward's had none available for sale, but Prudential Securities had some double-tax free bonds available for purchase with nine years remaining until maturity and a 4.2 percent yield...
Children also force mixed couples to confront hard decisions about religion. Blanche Speiser, 43, was certain that Mark, 40, would yield if she wanted to raise their two kids Christian, but she also knew that her Jewish husband would never attend church with the family or participate in holiday celebrations. After much soul searching, she opted for a Jewish upbringing. "I knew it would be O.K. as long as the children had some belief," she says. "I didn't want a mishmash." Although Blanche remains comfortable with that decision and has grown accustomed to attending synagogue with her family...
...international community is looking to Haiti to see whether the U.N. can force an illegitimate government to yield to the elected choice of the people. Several months ago, prospects looked good. The U.N. had brokered an agreement between the military leaders and the exiled President Aristide; the pact had called for Aristide's return. A force of lightly-armed U.N. peacekeepers, mainly from the U.S., was sent in September to monitor the peaceful transition of power...