For a test period until May 25, they said, holders of first-class passes, either domestic or foreign, will be able to reserve as much as six months in advance.

To a foreign holder, the return on the American investment is a multiple of the return itself and the rate of exchange.

China is the largest foreign holder of U.S. public debt.

Finally, he angered foreign holders of Argentine bonds with a take-it-or-leave-it offer to pay them back just a quarter of their bonds' face value.

The resulting high interest rates caused more Canadian income to be paid out to foreign holders of Canadian public and private sector debt.

A large portion of the "tax" also falls on foreign holders of fixed income debt in the inflated currency.

The foreign and international holders of the debt are also put together from the notes, bills, and bonds sections.

That, in turn, caused foreign holders of Treasury securities to bid up bond prices.

And the foreign holders of all those bonds are listening to our debate.

Therefore it is normally the case that currency debasement is viewed as a form of default for foreign holders.