Posted on 05/22/2009 5:21:54 AM PDT by TigerLikesRooster
Good point Dave. They can issue callable bonds. I do not believe they are issuing those now, though. They only issue those when there is a chance to refinance them into lower rates.
No chance of that in the future. IMHO
Right — as of today’s historically (abnormally) low rates, they’re not issuing callable paper (that I know of yet).
I just saw this...unbelievable.
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