1. The yield to first call is the yield to maturity assuming that the bond is redeemed on the first call date. 2. And the bonds can be redeemed only by more borrowing, higher taxes or inflation. 3. As with the current Series EE savings bonds, holders can defer tax payments on their earnings until a bond is redeemed. 4. Bonds and the currency usually move in tandem as investors purchase or sell dollars they need to buy or redeem bonds. 5. Bonds can be redeemed anytime after six months. 6. A refunding occurs when a municipality redeems its bonds and pays the insurer the remaining premiums for the life of the bonds in a lump sum. 7. But only three months after the offering, the county declared bankruptcy and the investment pool was unable to redeem any bonds. 8. Chrysler is redeeming the bonds to take advantage of its improved credit rating, which enables it to borrow at a lower cost. 9. I understood that after an initial holding period, I could redeem the bonds at no cost, which would allow me to change strategies within my bond portfolio. 10. If they redeem the bonds promptly, they can put the money to work elsewhere. |