Construction was funded by $190,000 of the proceeds of the bond purchases issued in 1922 and 1925.
Why would a ratings downgrade affect your return on a previous bond purchase?
Because the trade was in connection with a bond purchase, it is hard to determine whether that was a fair price at the time.
Japanese net bond purchases for example, reached only $15 billion at their peak.
All eyes will be on what he has to say about bond purchases.
First, their bond purchases help keep American interest rates low.
The bond purchases were clearly helped by investors who had fled the volatility of the stock market.
Cœuré continued to speak in favor of bond purchase.
Such a shift could affect American interest rates, which remain low in part because of China's huge bond purchases.
The council was not unanimous but "we were an overwhelming majority on the operation as regards this bond purchases".