Infrequently used common or preferred stock guaranteed by a third party. Since these are guaranteed, investors in general are willing to pay a higher amount for the stock than the ones not backed up by a guarantee. The guaranteed dividend can raise the stock’s price. Sometimes, railroads and public utilities issue this stock. It can also pertain to commonly purchased items a firm keeps a supply of for customers to acquire.
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|12:00||Bundesbank Monthly Report|
|14:30||Foreign Securities Purchases||Apr|
|14:30||NY Fed Empire State manufacturing index||Jun|
|16:00||NAHB Housing Market Index||Jun|
|19:00||ECB President Mario Draghi Speaks|
|20:45||BOC Deputy Governor Lawrence Schembri Speaks|
|23:00||Westpac Consumer Confidence||2 quarter|
|03:30||Monetary Policy Meeting Minutes|