It is the earnings from these high-yielding securities that have given First Union its profit edge over some of the other super-regVonals in its area.
So are utilities, preferred stocks and the whole range of high-yielding securities.
About $6 billion of the debt is from banks and the rest is in high-yielding securities.
Transmark issued more than a hundred million dollars of its own high-yielding securities through Drexel.
Individual investors did not rush to redeem shares in the dozens of mutual funds that invest in the high-yielding securities.
But Cummins immediately bought back the entire Miller holdings in exchange for a package of high-yielding convertible securities.
In the current low-rate environment, a large number of municipal and corporate issuers are exercising the call provisions on high-yielding securities.
He pointed to the recent experience of many investors who bought high-yielding German securities figuring rates had to come down, and therefore, their principal value would rise.
The rest, it said, would be financed by the high-yielding securities known as "junk bonds.
Columbia had about a third of its assets in junk bonds and other high-yielding corporate securities last year.