If those interest payments can, in fact, be invested at a higher rate, then the real yield on the bond will be higher.

But if they can be invested only at a lower rate, the real yield will be lower.

So why did US companies fail to invest at a higher rate?

"Will the Japanese invest at a lesser rate than they did in 1989?"

The contrast is that these Pacific rim countries are investing in tomorrow at a rate of knots.

We're going to invest at an even greater rate now in capital equipment and new buildings.

He had found a Deve who would invest it at an excellent rate of return.

We are continuing to invest in it at a rate of over £1 million for every working day.

In the case of the bonds, the Government would be selling its own securities at a one rate and investing the proceeds at a higher rate.

Also, there would be opportunities to invest some of your fees in various ventures, at an extremely good rate of return.