Who's calling? mysticpharma.info "These things shouldn't go on and on and on, but it's under way and it wouldn't be right for me as Prime Minister to interfere in that in any way. We have to wait for the outcome and then make decisions.
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But she stresses the risks. Most issuers have the right to suspend income payments in extreme situations – which will obviously have knock-on effects for the bonds' price in the market. Bonds are sometimes described as "cumulative" or "non-cumulative". The description applies to how income is treated if it is suspended. If, after income payments resume, the issuer makes up the lost payments, the bonds are called "cumulative". Instances of deferred payments – as with the Co-op – remain uncommon.