Originally Posted by Suedesi

It's like you're trying to get a new credit card to pay the ones that are charging 20%+ in interest.

Hardly ideal, but not the end of the world either.

Originally Posted by CptMarvel

A bond is an investment that lasts for a specific amount of time (I'd guess 10 years in this case), over that period you get the money paid back to you with interest (much like a loan in reverse). As we'd be selling bonds as opposed to borrowing money we'd get to set the interest rate (which is currently around 5.25% for long term fixed rate bonds).