1.   Tax-paying investors will, other things being equal, prefer bonds which have a low coupon but which are expected to show a capital appreciation.

2.   Pension funds and life assurance companies tend to prefer medium- term and long-term bonds while banks and building societies tend to prefer short-term bonds.

3.   As rates rise, investors often prefer bonds that pay interest because they can reinvest those interest payments at higher and higher rates.

4.   As rates rise, many investors prefer bonds that pay interest because they can reinvest those payments at higher and higher rates.

5.   Even so, a group of eager buyers prefers the bonds to other hedges against inflation, such as gold or short-term Treasury bills.

6.   He prefers longer-term bonds because of the relatively higher yield they bring in.

7.   He preferred Brady bonds issued by oil-exporting nations, including Mexico, Ecuador and Venezuela.

8.   Helming prefers bonds, because he thinks that interest rates are headed back down and he thinks bonds are less risky.

9.   It also would be a way to lure individual Italian investors, who tend to prefer government bonds to equities, into owning equities.

10.   The opening of the bond market here would also lure more foreign capital, particularly from Europe, where investors prefer bonds over the equities, he argued.