The average yield for nonfinancial company bonds in the iBoxx Euro corporate index, which measures the performance of investment-grade debt issued in euros, is around 2.35%, Markit said.
The charge is in connection with the sale of a synthetic collateralized debt obligation that was tied to the performance of subprime residential mortgage-backed securities.
And the other relevant point is that there is plenty of evidence that once public sector debt reaches that range of 80-100% of GDP, economic performance suffers.
Buoyant growth in recent years might have made this debt seem manageable, but sluggish economic performance of late has pushed it up as a share of GDP to the point where some economists believe it has become unsustainable.
It invested in funds whose deals involved much less debt and much more attention to improving the operating performance of the firms concerned.
Mr Darling does his best to put a favourable gloss on Labour's performance, pointing out that Britain has one of the lowest levels of debt among big economies.
In that case the SEC alleged that Goldman misstated and omitted key facts regarding a synthetic collateralized debt obligation (CDO) it marketed which hinged on the performance of subprime residential mortgage-backed securities.
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They try to use the best LBO techniques for improving the performance of the firms they buy, but without saddling those firms with the massive debt burdens that were to prove so disastrous for RJR Nabisco and many other acquisitions made after the 1980s' LBO boom turned to bust.
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However, just like the use of steroids to pump up athletic performance can lead to disastrous health consequences, excess debt can bulk up economic performance that is not sustainable.
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The poor state of the global economy had the starring role in gold stocks dismal performance, while rising debt and political unrest also played their own parts.
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Their high credit scores and the strength of the loans' performance during the most recent downturn may have helped investors gain more confidence in the debt as an alternative haven.
The three authors examined the record of 137 German companies and 11 banks between 1994 and 2005, and found that the mere presence of bankers in the boardroom appears to increase a company's debt and diminish its overall performance.
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