bonds Tag

Rio Tinto has unveiled a plan to reduce its balance sheet through a US$2.5 billion buyback of its own bonds. Under the debt reduction strategy, the Anglo-Australian miner has issued a redemption notice for around $1.72 billion of its notes which are due to fall over...

Coxe Advisors chairman LLC Don Coxe told the 2016 PDAC Convention that pushing investors to pay hold bonds will result in adverse reactions. He said pension funds and other long-term investors tired of negative bond yields may heighten gold prices in the impending years. “Why should someone...