Sentences with phrase «bond issues which»

First, financing for the project came through a combination of Low Income Housing Tax Credits and bond issues which are exempt from taxes.
While the park district budget will be $ 38 million higher than in 1985, the tax burden will be reduced by a $ 29 million surplus carry - over from the present year and from $ 28 million in expenditures from bond issues which will not affect the current tax levy.
For example, an investor can buy Province of Ontario «zero coupon» bonds for the same maturity date in three different forms: 1) a «coupon» which is a stripped coupon payment from an Ontario bond; 2) a «residual» which is the stripped principal payment from an Ontario bond; and 3) an actual zero - coupon Ontario Global bond issue which was originally issued as a zero coupon «global» bond issue.
on the groundbreaking # 20 million bond issue which has won the British Legal Awards «CSR Initiative of the Year»

Not exact matches

Under this hypothetical policy, governments transfer money directly to taxpayers to encourage spending, a handout funded by issuing bonds with a coupon of zero and no maturity date, which central banks buy.
Since 2007, Canada's largest banks have enthusiastically issued something called covered bonds, which are backed by residential mortgages.
Serge Pepin, the head of BMO Investments, says people should consider corporate or high - yield bonds — also known as junk bondswhich pay higher yields than federal issues.
Earlier this year, countries on Europe's periphery (notably Italy and Spain) faced rising interest rates on newly issued government bonds, which threatened to push them into insolvency.
Finance startup Bond Street issues loans to small businesses, many of which have less - than - ideal credit, and it's hatched a plan to stand out in the crowded online lending sector.
Not only isn't there anywhere near enough bank capital in the US to supplant securitization, it is difficult to conceive that the universe of «rates» buyers will become mortgage credit buyers or move over to covered bonds (which default to the issuing bank's credit ratings), at least not at the same price levels and in the same size.
For ratings issued on a program, series or category / class of debt, this announcement provides relevant regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category / class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices.
On Monday, the state planner issued new rules for companies which are planning to issue bonds to put more pressure on debt - laden local governments to get their finances in order.
The other hot - button issue, says Caldwell, is getting lawmakers and employers to understand the importance of family bonding and attachment — something which feeds into the aforementioned issue.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
It is also a list of the maturity dates on which individual bonds issued as part of a new issue municipal bond offering will mature
The worry is that there is one dominant model of bond investing, in which giant mutual funds and exchange - traded funds buy and hold every newly issued bond that comes along.
Second, the tax bill may do away with 2 specific types of municipal bond issues: tax - exempt advance refundings, which are tax - exempt bonds issued to refinance existing municipal debt, and private activity bonds, which are issued by non-government borrowers such as hospitals, airports, and private universities.
Against this backdrop, some investors are taking a look at convertible bonds, which are debt instruments issued by a company that can be converted into stock of the same company.
Another way to facilitate green investments is for rich governments to buy down interest rates, which makes it more attractive to issue green bonds.
Interest income generated by municipal bonds is generally not subject to federal taxes, and may be tax - exempt at the state and local level as well, if the bonds were issued by the state in which you live.
With funds managers holding about 15 - 20 per cent of assets in domestic bonds, the change in the composition of household assets has translated into higher demand for bonds — a demand which is no longer being met by government issues.
Citi, JPMorgan and Bank of America will later this year roll out an online platform that will streamline the way in which companies issue bonds and help investors to compare credits.
The fund is proportionately subject to the risks associated with its underlying funds, which may invest in stocks (including stocks issued by REITs), bonds, cash, inflation - linked investments, commodity - linked investments, long / short market - neutral investments, and leveraged absolute return investments.
The payment cycle is not necessarily aligned to the calendar year; it begins on the «Dated Date,» which is either on or soon after the bond's issue date, and ends on the bond's maturity date, when the final coupon and return of principal payment are paid.
Sure, you can devalue those claims through inflation, but only if the debt is in the form of long - maturity bonds (which is why the recent discussion of issuing 50 - 100 year Treasury bonds seems understandable but also a bit nefarious).
ShareBuilder does not allow for directly investing in company or government issued bonds, but you are able to invest in bond funds, which are mutual funds or ETFs investing in bonds on the shareholder's behalf.
Smart Bonds: Bonds can be issued with a certain value and repayment schedule, which will be denominated in any form of currency or commodity — including bitcoin.
They decided to focus on selecting bonds issued by the government of Puerto Rico and its public corporations, which could include infrastructure bonds backed by alcohol taxes and general obligation bonds.
Lower taxes would likely lead to larger deficits, which could require the Treasury to issue more debt, increasing the supply of government bonds on the market.
I think the issue here is whether any amateur fund manager (which I think is what we all are — including those financial advisers who create their own «homegrown» portfolios using trackers and bond funds) can seriously manage a portfolio for income or for growth and control against downside risk (in equities or bonds) as well as a good active management group like Invesco perpetual or M&G.
Treasury bonds are issued and backed by the federal government, which makes them among the safest investments in the world.
For instance — why would Apple (or these other multinationals) repatriate any cash rather than issue Aussie or Euro bonds which have lower long term rates.
AXL also recently issued $ 200MM its 2019 bonds, which gives some indication that the company can get bond investors to refinance existing debt as needed.
There, she was part of the team that represented Champion REIT's manager for the first convertible bonds issue by a Hong Kong - listed REIT, which won the «Debt Market Deal of the Year» award at the 2007 ALB Hong Kong Law Awards.
Morgan Stanley's first - ever green bond issuance and the broader growth across the market reflect what has become fertile ground for green bonds, which are similar to other fixed income instruments except that the proceeds are directed toward specific projects that address environmental issues.
While not issued by the US Government, there is another type of bond which is associated with Government agencies, which you can learn more about in our article on agency bonds.
For example, Acme Corp. issues a 20 - year bond with an issue size of $ 10 million, which provides it with cash it can use to build a new factory, open new store locations or otherwise promote growth or fund its ongoing operations.
They make their money through net interest income, which is the difference between what they receive in interest from loans they issue versus what they pay out on deposits, bonds, and other forms of borrowing.
Particularly good to see someone explain that the impact on bond funds is not the simplistic «1 % rise in bank rates means loss of duration %» but depends on the interest demanded at that point in the curve and normal supply / demand issues which are massively distorted for linkers.
While strong fundamental factors are driving recent growth in the non-government bond market, some commentators have ascribed the timing of some issues to borrowers «getting in» ahead of Y2K, behaviour which would also have contributed to rising spreads.
There are web sites which help with pricing IL bonds however the Saturday FT has the calculated real returns for selected issues, though you have to look quite hard to find it.
S&P ratings agency issued a statement reaffirming US Treasury bond AAA credit rating, but they issued a negative outlook which means there's a 1 in 3 chance of lowering the debt rating in the next 2 years.
The two most relevant regulations were: 1) the prohibition on interstate banking, which created overly small and undiversified banks that were highly prone to failure; and 2) the requirement that federally chartered banks back their currency with purchases of US government bonds, which made it prohibitively expensive to issue more currency when the demand rose, leading to the currency shortages and resulting panics that culminated in the Panic of 1907.
Companies with excellent to low credit ratings issue investment - grade corporate bonds, which have lower interest rates because of the safety of the investment.
Harbor might work, for example, with a company that owns and operates commercial properties and that regularly issues real estate securities like bonds or stock in a building, but which also needs to deal with complex legal stuff, like tax withholdings and minimum investor requirements.
These securities are comprised of U.S. dollar corporate bonds, U.S. dollar Yankee bonds, which are Canadian corporate bonds issued in U.S. dollars, and FDIC - insured CDs.
However it could also mean that one company has just issued a new bond and wants to exchange that for earlier series of their own stock, which remains outstanding.
The Barclays U.S. Credit Index is the credit component of the Barclays Capital U.S. Aggregate Bond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to maturBond Index, which is a broad - based bond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to maturbond index comprised of government, corporate, mortgage and asset - backed issues, rated investment grade or higher, and having at least one year to maturity.
The European Central Bank, in addition to buying member country sovereign - issued debt is now buying corporate bonds, some of which are non-investment grade.
This rise partly reversed earlier declines, which had reflected a number of factors: the expected negative impact of the Asian situation on the local economy, associated concerns about the possibility of global deflation, and the projected fall in the stock of bonds on issue reflecting the expected run of Budget surpluses and the proposed sale of the remainder of Telstra.
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