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Full Version: Network Rail Plans Index-linked Bond Due 2037
House Price Crash forum > Investment > Investment in general
Ash4781
Apr 25 2007, 05:45 PM
http://investing.reuters.co.uk/news/articl...ND-UPDATE-2.XML

QUOTE
Network Rail said the programme would comprise two or three large issues with maturities of between 15 and 45 years. The bonds will be directly and unconditionally guaranteed by a financial indemnity from the UK government, it said.


http://www.forbes.com/markets/feeds/afx/20...afx3649134.html

What's the difference ?
BuyingBear
Apr 26 2007, 09:44 PM
Which difference?
Ash4781
Apr 26 2007, 10:15 PM
QUOTE(BuyingBear @ Apr 26 2007, 10:44 PM) [snapback]619961[/snapback]
Which difference?


Between it and a normal DMO issued indexed bond.
BuyingBear
Apr 27 2007, 01:46 PM
QUOTE(Ash4781 @ Apr 26 2007, 11:15 PM) [snapback]620004[/snapback]
Between it and a normal DMO issued indexed bond.

The logo at the top? It has explicit backing but the terms are different, ultra-long is usually 50 years instead of 45 :/
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