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Swing loans
If you about to build something ambitious, buy a bond to get liquid. When the build completes [reducing the daily drain on your revenues], if you planned it right, you should be able to repurchase the bond within a day or two. Don't get into the habit of leaving them to autorenew....
Also, if your credit rating improves substantially, aggressively refinance - e.g. you have a few bonds out at around 6.8%, and you can get new bonds at around 5.3%. Every day, buy a new bond at 5.3% then immediately repurchase one of the old 6.9% bonds.
Also, if your credit rating improves substantially, aggressively refinance - e.g. you have a few bonds out at around 6.8%, and you can get new bonds at around 5.3%. Every day, buy a new bond at 5.3% then immediately repurchase one of the old 6.9% bonds.
Colorless green ideas sleep furiously [but otherwise, they do not worry and are happy].
- theharrisonater
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A bond is a debt with a specified interest rate, and a specified term.
It must be repaid at the end of the term.
Typically, a new bond is issued at your present interest rate to repay the old bond [refinance]. That is - a new bond replaces the old bond, and the interest rate reflects your current creditworthiness.
This is done 'automatically,' when a bond expires, regardless of any lock setting you have on the bond panels.
You may alternately, repay a bond outright - that is, take your surplus cash and pay the bond off, without replacing it.
Tip - if you are planning to repay one of many bonds, repay the one with the longest expiration and/or the highest interest rate. Pay attention to your credit rating. If you want to know what the present rate really is, go through the 'issue bond' sequence to see a proposed bond, and then cancel it [don't issue the bond]. For instance, you have an 8% bond that expires in three months, and a 7.5% bond that expires in a year, and your present credit rating will garner you 6.5% one-year bonds. Pay off the 7.5%-OneYear bond and let the 8%-ThreeMonthsLeft bond be refinanced at your better rate in three months time. There may be a lot of complex accounting to do to assess a complex bond portfolio for the best candidate. Good thing it's a game: Don't worry - be happy.
Other tips - if your credit rating has significantly improved, AND you have credit available to issue bonds at will at a size large enough to replace an existing bond, you might start your own renewal program. That is, you issue a new bond [at a better interest rate] and immediately pay off an old bond [one with the highest interest cost]. You can typically do about one of these a day. Be careful to space these out, as you do not want to have a portfolio of bonds that all come due in a series of days a year out.
It must be repaid at the end of the term.
Typically, a new bond is issued at your present interest rate to repay the old bond [refinance]. That is - a new bond replaces the old bond, and the interest rate reflects your current creditworthiness.
This is done 'automatically,' when a bond expires, regardless of any lock setting you have on the bond panels.
You may alternately, repay a bond outright - that is, take your surplus cash and pay the bond off, without replacing it.
Tip - if you are planning to repay one of many bonds, repay the one with the longest expiration and/or the highest interest rate. Pay attention to your credit rating. If you want to know what the present rate really is, go through the 'issue bond' sequence to see a proposed bond, and then cancel it [don't issue the bond]. For instance, you have an 8% bond that expires in three months, and a 7.5% bond that expires in a year, and your present credit rating will garner you 6.5% one-year bonds. Pay off the 7.5%-OneYear bond and let the 8%-ThreeMonthsLeft bond be refinanced at your better rate in three months time. There may be a lot of complex accounting to do to assess a complex bond portfolio for the best candidate. Good thing it's a game: Don't worry - be happy.
Other tips - if your credit rating has significantly improved, AND you have credit available to issue bonds at will at a size large enough to replace an existing bond, you might start your own renewal program. That is, you issue a new bond [at a better interest rate] and immediately pay off an old bond [one with the highest interest cost]. You can typically do about one of these a day. Be careful to space these out, as you do not want to have a portfolio of bonds that all come due in a series of days a year out.
Colorless green ideas sleep furiously [but otherwise, they do not worry and are happy].
Gallant Effort
bump up ..
 Gallant Effort
  At a dinner party a shy young man had been trying to think of something nice to say to his hostess. At last he saw his chance when she turned to him and remarked, "What a small appetite you have tonight, Mr. Jones."
  "To sit next to you," he replied gallantly, "would cause any man to lose his appetite."
final fantasy gil,everquest plat,eq2 plat,eq2 gold,everquest platinum,
 Gallant Effort
  At a dinner party a shy young man had been trying to think of something nice to say to his hostess. At last he saw his chance when she turned to him and remarked, "What a small appetite you have tonight, Mr. Jones."
  "To sit next to you," he replied gallantly, "would cause any man to lose his appetite."
final fantasy gil,everquest plat,eq2 plat,eq2 gold,everquest platinum,