Originally created to finance debt-heavy acquistions, high-yield bonds are now popular with investors looking for yield.
If the government is taking too much capital to finance debt, then interest rates will go through the roof.
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IMF's Interim Committee is likely to agree to sell some of the Fund's gold to finance debt relief for poor countries.
The possible downside to a policy of greater reliance on money-finance or debt-finance is that it might make holding dollar-denominated financial assets less attractive to foreigners.
France in 2012 will have to find 281bn euros to finance maturing debt and interest.
With the mortgage interest deduction in place, both sources of housing finance, debt and equity, get a tax preference.
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Japan might then have to rely on foreigners to finance its debt, and they will want much higher returns.
"The government is running too much of a risk with the willingness of investors to finance UK debt, " he says.
Keeping rates low to finance government debt is not a recipe for long-run growth or for credible U.S. monetary or fiscal policy.
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The two firms are creating a joint-venture Russian investment bank, into which Brunswick will inject its brokerage and Warburg will put its local corporate-finance and debt businesses.
There are two basic forms of finance: debt and equity.
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It seems to us that should Japan run out of domestic savings to finance its debt, that it would be forced to monetize it by printing their way out.
There is still work to be done in the broader European community, to provide markets a strong assurance that countries like Italy will be able to finance their debt.
International creditors are said to be examining the possibility of Greece extending repayments by ten years, as well as accelerating the release of emergency funds to finance a debt buyback.
Mr Remington said the trust was in administration because it was "drowning in a sea of Private Finance Initiative debt fuelled by the high cost of servicing repayments to private companies".
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And so if they muster the political will, they have the capacity to settle markets down, make sure that they are acting responsibly, and that governments like Italy are able to finance their debt.
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And if the USA got lost in debt finance, Ireland got lost in dreamland.
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Some emerging economies, especially those that relied on foreign debt finance, will face prolonged problems.
Life will be harder for entrepreneurs: more than half of all new firms rely on debt finance.
Contracts under PF2 are also supposed to be smaller, simpler and less leveraged (they will involve less debt finance).
If the debt finance was used to pay dividends, those dividends would be tax free, if the recipients were offshore in tax havens.
Finance ministers and debt managers are spending more time on the road, in particular courting sovereign-wealth funds in Asia and the Middle East.
So why on earth bring in a tax change which privileges debt finance above equity, investment in foreign companies over investment in US ones?
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These consortia, which would have the clout to raise debt finance at low rates, would assume the risk of cost overruns and the responsibility for finishing projects on time.
As the government moves to secure low interest rates to finance its own debt, equities markets have surged out of anemic territory, and companies with their wits about them are reporting higher than expected earnings for the last quarter of 2010.
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Better still, banks wanting to sell their fund-management arms can lend private-equity firms the money to buy them. (Barclays originally arranged such a deal for a sale of iShares, although that has been abandoned in favour of selling the lion's share of BGI.) That is good news for the private-equity firms, which are finding it hard to get debt finance elsewhere.
It says the money will be used to reduce debt, finance investments, and buy back shares.
In this context, taking on debt to finance operating losses is not a viable option.
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