In essence, the law changes the tax treatment when companies swap new securities for old bonds.

It will use that fund to pay the debt service on the old 1987 bonds for the next seven years.

Certainly, after this week's news, the search for old bonds has begun in many homes.

It's a matter of security for Wally's father - an old bond.

This has to be so otherwise no one would be willing to buy old bonds.

But there are usually restrictions on when the old bonds can be retired.

Anybody here want to buy old bonds at 6 plus?

Some of the old bond must still link them.

They have known each other only 15 years, but recently discovered an older bond.

He tried occasionally, but "the old bonds of party were too strong."