To reduce risk and increase the attractiveness of the issue, all the bonds are insured to protect interest and principal payments.
From 39% in 2001 to 68% in 2004 of national budget had been allotted to interest and principal payments of debt.
Seaman also cannot make interest and principal payments and will have to restructure its debt.
The United States isn't Brazil, but no nation can miss interest or principal payments without some negative impact on its credit standing.
One security, the safest and lowest yielding, has first call on interest and principal payments.
Underwriters report that many of the bonds are insured to protect interest and principal payments.
Once the borrower has failed to make interest or principal payments for 90 days the loan is considered to be a non-performing asset.
S.&P. was reviewing the companies' abilities to make interest and principal payments on their bonds.
The marketers of these pools sell off streams of interest and principal payments to investors.
Beginning in 1997, Euro Disney will have to start paying interest and principal payments on its debt, which are currently worth $208 million a year.