Interest and principal payments simply stopped coming one day without notice.
Because of early principal payments, the issue will have an average life of 10.4 years.
Interest and principal payments would come from the industry's resources.
Nor were there any "necessary principal payments" required either by the bank or his father over the last four years.
The report said the $2.5 billion, which is due later this year, covered both principal and interest payments.
Nations keep up their interest or principal payments for the same reason that individuals do.
As a result of the error, the estimated annual return on that series came in at just 1.7 percent, including interest and principal payments.
Borrowers can make principal payments at any time during the five years, if they like.
No principal payments will be required for five years.
How do I receive my interest and principal payments in each system?