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To: laura_bush who wrote (274490)1/20/2004 1:10:16 AM
From: Bid Buster  Read Replies (1) | Respond to of 436258
 
Really its a good thing..exchanging high interest debt for low interest debt.

If you had a high credit card balance at 18% wouldn't you transfer it to a card that charges 4% as an example?



To: laura_bush who wrote (274490)1/20/2004 10:13:25 AM
From: Jim Fleming  Read Replies (2) | Respond to of 436258
 
LB

>>Why would they "call" them five years early?<<

It is cheaper to issue new five year bonds at 3% than to continue paying 9.125% for five years.

Jim


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