1.   American Skiing, for instance, funded purchases of its New England resorts through bonds, while the owners of Vail are preparing a public stock offering.

2.   An increase in interest rates hurts bonds by making it more expensive for investors to fund bond purchases.

3.   Asda will fund the purchase with cash and through existing banking facilities.

4.   Banks borrow money at the lower overnight rate to fund bond purchases.

5.   Because many investors fund bond purchases by borrowing on the money market, lower overnight rates make bonds more attractive.

6.   Bonds have gotten a boost from record-low Japanese interest rates because many investors fund bond purchases by borrowing at shorter maturities.

7.   Bond investors like low rates because they often borrow to fund their purchases.

8.   Bonds rise when interest rates are low because low rates make it cheaper for investors to fund bond purchases.

9.   Both will fund the purchase through internal cash flow and debt-financing, executives said.

10.   Bond buyers like low rates because they often borrow to fund their purchases.