retire.02
frames- First , they are designed *-1 to eliminate the risk of prepayment -- [ARG1 mortgage-backed securities] [ARGM-MOD can] be [rel retired] *-43 [ARGM-TMP early] [ARGM-ADV if interest rates decline] , and such prepayment forces investors to redeploy their money at lower rates .
- I know when dividends are due *T*-3 ; [ARGM-TMP When] [ARG1 bonds] [ARGM-MOD should] be [rel retired] *-4 *T*-5 ; But what *T*-2 gets by me every time Is has the milk expired ?
- These securities get top credit ratings because the issuers have put aside U.S. bonds that *T*-2 will be sold *-4 * to pay off holders [ARGM-TMP when] [ARG1 the municipals] are [rel retired] *-1 *T*-3 .
- Credit analysts said 0 investors are nervous about the issue because they say 0 [ARG0 the company 's] ability * to meet debt payments is dependent on too many variables , including the sale of assets and the need * to mortgage property *-1 to [rel retire] [ARG1 some existing debt] .
- Per-share earnings declined to $ 1.10 *U* a share from $ 1.12 *U* a share , largely because of [ARG0 21 million additional shares] issued * * to [rel retire] [ARG1 $ 1 billion *U* of debt] .
- The issue is noncallable for five years and has [ARG0 a sinking fund] starting in 2000 * to [rel retire] [ARG1 50 % of the issue] [ARGM-TMP before maturity] .
- [ARG0 The new technologies] are intended *-2 to [rel retire] [ARG1 the cathode-ray tube , which *T*-1 accounts for most of the bulk of the conventional TV set] .
- That debt is part of the $ 2.1 billion *U* of [ARG1 Holiday debt] that Bass PLC of Britain said 0 [ARG0 it] [ARGM-MOD would] [rel retire] or assume *T*-1 when it agreed *-2 to buy the Holiday Inn business in August *T*-3 .
- In recent days , traders say 0 [ARG0 USAir] has been buying its own shares , as part of a program * to [rel retire] [ARG1 about eight million USAir shares] , though the carrier wo n't discuss its buy-back program .
- The plan would permit [ARG0 the bank holding company] to [rel retire] [ARG1 its bank and debenture obligations] [ARGM-MNR through exchanges of cash and equity] .
- If all the bondholders and holders of one million common shares accept the offer , BSN will increase its debt by $ 9 million *U* , but [ARG0 it] also will recognize a $ 2 million *U* gain from * [rel retiring] [ARG1 the old debt] , said 0 *T*-1 Michael J. Blumenfeld , president .