"It's hard to believe yields should be this low when the government is going to issue so much new debt."
Utilities were not the only companies to issue new debt yesterday.
"There will be no new debt issued by Denver to complete this project."
The easiest option for the company is to issue debt in Japan.
No school district could issue debt or even set tax rates without knowing what it was going to get from Albany.
These measures allow governments to issue debt at lower interest rates than would otherwise be possible.
The bill includes a provision that allows the Government to issue new long-term debt.
A lowered credit rating makes it more expensive for a company to issue new debt.
But corporations have been much less able to issue debt that is not secured by assets.
A credit downgrading means Australia will have to pay more to issue debt.