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Indexed bond |
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What was worse, during a two-week period that month, the indexed bonds climbed 7 basis points to 3. With indexed bonds the government saves money if the inflation rate keeps the yield - and therefore the government's borrowing cost - below that of fixed-rate bonds. Among the 12 funds included in the allocations are: MainStay Large Cap Growth Fund, MainStay All Cap Growth Fund, MainStay Common Stock Fund, MainStay Map Fund, MainStay Small Cap Opportunity Fund, MainStay Small Cap Value Fund, MainStay Value Fund, MainStay International Equity Fund, MainStay Floating Rate Fund, MainStay High Yield Corporate Bond Fund, MainStay Intermediate Term Bond Fund and MainStay Indexed Bond Fund. |
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