Tag Archive for: callable bonds
This week, we are back to our ongoing series on capital destruction. Let’s consider the simple transaction of issuing a bond. Party X sells a bond to Party Y. We will first offer something entirely uncontroversial. If the interest rate rises after Y buys the bond, then Y takes a loss. Or if the interest […]
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Keith Weiner
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Keith Weiner 2018-09-04 05:55:43 2018-09-04 11:35:14 Illicit Arbitrage Cut by Tax Cuts and Jobs Act, Report 3 Sep 2018
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