Qwest
Corp is a telecommunications company and a subsidiary of CenturyLink.
The bond "CTBB" has a maturity date of 6/1/2057, pays a fixed coupon
rate of 7.5%, and has a $25 par value. The bond "CTDD" has a maturity
date of 6/1/2057, pays a fixed coupon rate of 6.75%, and has a $25 par
value. Bonds are debt securities that are used by companies and
governments to raise capital. They typically pay a fixed interest rate
to their investors and have a defined maturity date when the investor
receives their principal investment back.
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