That is the question being asked in the City about the chancellor's decision to explore whether he can and should issue gilts - or borrow - with a maturity date of 100 years or perhaps no maturity date at all.
Once operation twist ends in June, the benchmark treasury will naturally rise 0.4% per year because of the change in the average maturity date of the treasuries they hold.
But the debt has a maturity date of half at seven and half at eight years from when we made the loan, so in the current trajectory, we would expect Chrysler to pay back their loan when its due.
This leads me to the other advantage of bonds over bond funds: you can pick the maturity date and know with a high degree of certainty when you are going to get your money back.
Tronox said in motion papers that it was requesting the extension of the DIP maturity date in order to provide more time to work out a plan for emerging from bankruptcy protection, including the handling of numerous environmental claims.
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One, the yield to the worst call date is much better than yield to maturity of a non-callable bond (aka, bullet bond).
Borda responds that Cunningham should have been aware of the loan's maturity date, and had had opportunity through his dealings with the bank to clear up any confusion.
Borda responds that Cunningham should have been aware of the loan's maturity date and had had opportunities in his dealings with the bank to clear up any confusion.
But there is no evidence that the bonds would have a higher risk of default as they got closer to the maturity date.
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The fact that early bonds had no fixed maturity date ensured that any change in interest rate was fully reflected in the capital value of the bond.
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