Yen-denominated bonds recently issued by Toyota, for instance, received a Aa1 ranking, two notches above the government's rating.
Much of this activity was facilitated by the advent of junk bonds -high-yield bonds issued by companies with low credit ratings.
The issue is whether states can exempt their muni bonds from taxes while taxing such bonds issued by other states.
Many corporations used the proceeds of their bond offerings to repay higher-rate bonds issued several years ago.
EUR 120 million convertible subordinated bonds issued to fund further expansion.
The bond issue would be among the largest ever in the $3.5 trillion annual market for Eurobonds - bonds issued outside the country in whose currency they are denominated.
Alternatively, the second investment opportunity is a bond issued by small company and that bond also pays annual interest of 5%.
The new fund invested in the obscure and rarely traded bonds issued by Catholic institutions like colleges and hospitals.
This and the fact that originally bonds issued equal the full amount of the loan, enforce the Balance Principle.
The bonds, issued by the Federal Home Loan Banks, mature in July 1998.
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