Sentences with phrase «annually over the life of the bond»
You need to tell your broker beforehand whether you elect to accrue the discount annually over the life of the bond.
https://novelinvestor.com/ Not exact matches
Park District officials estimated that debt service for the bonds would add $ 22 annually to the tax bill for a $ 200,000 home over the 13 - year life of the bonds.
That's because the difference between your purchase price and the bond's face value is amortized over the life of the bond and taxed annually as though it were interest.