21. In 1994, no borrowers defaulted on local currency bonds , while 42 defaulted in foreign currency bonds. 22. In 1994, no borrowers defaulted on local currency bonds, while 42 defaulted in foreign currency bonds . 23. Most customers that buy foreign currency bonds from us are very astute about knowing when to sell. 24. Also, local-currency bonds are attractive for the borrower because it's sometimes cheaper than tapping local commercial banks. 25. Traders said speculation that more dual-currency bonds are being sold buoyed the Australian dollar and limited bonds'losses. 26. JBRI has downgraded long-term debt ratings assigned to foreign currency bonds issued by Thailand from A-to BBB. 27. American corporations are also doing more of their financing in international markets through global bonds and dual-currency bonds . 28. Financing in foreign currency bonds , notably yen bonds, is also an option that should be examined, he said. 29. Dual-currency bonds are bonds on which interest is paid in one currency and principal is repaid in another. 30. The Australian dollar has moved up in part because of talk of a dual-currency bond issue in Japan.
