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Consol

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Consol
A government bond with no maturity . Popular in Great Britain. The formula for valuing these bonds is simple. The consol payment divided by yield to maturity is the price of the bond.
Perpetual Bond
A bond in which the issuer does not repay the principal. Rather, a perpetual bond pays the bondholder a fixed coupon as long as he/she holds it. Prices for perpetual bonds vary widely according to long-term interest rates. When interest rates rise, perpetual bonds fall and vice versa. Perpetual bonds are most common in the United Kingdom, where they were used originally to pay for the military.
consol
A debt instrument having no scheduled return of principal and therefore perpetual interest payments and no maturity. Consols fluctuate widely in price with changes in long-term interest rates. They have never been popular in the United States. Also called annuity bond, perpetual bond. See also perpetuity.
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Stronger-than-expected earnings from James River Coal and Consol Energy also provided evidence that supply and demand are getting back into balance.
COAL GETS HOTTER by Dean Foust / BusinessWeek
But Consol Homes, which is in partnership with Raising Malawi, does not allow its children to be adopted but to be raised within families and communities.
New Madonna adoption up to the courts: Malawi by AFP / AFP American Edition
Health experts described Consol Suncenter as irresponsible and raised fears that children could easily access the unmanned, coin-operated beds.
30p-a-minute tan sessions raise fears of skin cancer risk by South Wales Echo (Cardiff, Wales)
 
 
 
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