31.   They said bond holders and rating agencies need to be assured that passage of the measure will not jeopardize the departments and their financial standing.

32.   Those contracts would need to allow a majority of creditors to renegotiate on behalf of all bond holders rather than require unanimous consent.

33.   Two committees will be established before the hearing, one to represent creditors and one to represent bond holders, according to Paula Acconcia, an assistant U.S. trustee.

34.   When inflation is accelerating, the stream of payments that bond holders earn buys less and less.

35.   When interest rates fall, bond holders in general should be happy.

36.   Yet the recent narrow rejection by Quebec voters of a separatist referendum still leaves investors wondering whether the nation will yet splinter, leaving bond holders holding the bag.

37.   Polaroid plans to begin negotiations next month with bond holders, who could force the company into bankruptcy.

38.   A meteoric career that took him to a luxurious life style as manager of Barings in Singapore ended in an international debacle, costing bond holders millions.

39.   As a result, bond holders can either clear their debts if they are debtors of the firms or exchange the bonds for NCDs.

40.   Currently, all bond holders must agree to such a change.