This helps eliminate some of the legacy debt of the 2001 default, i had expected them to target the discounts which have a 8.28% coupon, but that would take a fair amount of outlay to extinguish. Michael Roche More Quotes by Michael Roche More Quotes From Michael Roche I suspect investors at least want 7% [on the 20-year]. Michael Roche company-news If you have been a brave soul holding Venezuela 2016s, you could roll over that money into the next bond that has the greatest upside payoff. Michael Roche company-news The market is pricing in a virtual certainty of this payment taking place. Michael Roche company-news You can see the progressive deterioration in bond prices (over the coming years), which is a reflection of this rapidly increasing default risk. Michael Roche company-news We are seeing an interest from investors to reduce commodity-exporting sovereigns. Michael Roche company-news
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