Higher rates raise the Government's interest cost on the national debt.
Add mandatory interest costs and we're up to $650 billion.
He also said retiring the issue would save the company about $2.6 million in interest costs.
Its interest costs will be about $392 million this year.
Or do you go for lower interest costs and take the risk into the state?
As a result, state and local governments are able to issue these bonds without interest cost.
The company's results have been hurt by higher expenses and interest costs.
Many investments would not pay enough to cover the interest costs.
Typically, the later price is higher, because of interest costs and other charges.
The company said one factor in the loss was substantially higher interest costs.