Yield investors seem to be willing to accept significant incremental risk over the near term as the prospects for repayment of tobacco settlement bonds is dependent upon tobacco sales in the U.S. which has been declining over time and may be a critical factor that may drive defaults of these bonds in the future. (indexologyblog.com)
Much of Colorado's $ 14.8 million in funding that year came from annual state tobacco settlement funds allocated to home visiting and a federal Medicaid match. (nmindepth.com)