31.   Some investors balked at the small premiums the bonds paid above Treasuries.

32.   State bonds paid the construction costs.

33.   That helps gilts because inflation cuts the buying power of the fixed-income paid by bonds.

34.   That helps gilts because inflation cuts the buying power of the fixed income paid by bonds.

35.   The bonds pay hefty yields, while the futures contracts provide heavy exposure to the stock market.

36.   The bonds would also pay an as yet unspecified interest rate.

37.   The bonds will pay fixed interest which will be set according to market rates at the time of the sale.

38.   The bonds will pay for a parking garage, landscaping and roadwork.

39.   The bonds will pay interest every six months at the London inter-bank offered rate, or Libor, and a spread based on market conditions, he said.

40.   The bonds would pay interest higher than present market rates, said Menem.