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Low Interest Rates
A monetary policy situation where central banks set the base level of interest rates at a low level, typically to stimulate economic growth.
Callable
A financial term referring to a security that can be redeemed or "called" by the issuer before its maturity date.
Serial Bonds
Bonds issued under a single series where each bond matures at a different date, allowing the issuer to spread out repayment over time.
Staggered Maturity Dates
A strategy involving financial instruments or liabilities that have various maturity dates spread out over time to reduce risk and improve liquidity.
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