Sentences with phrase «bond premium»

The additional bond premium eventually brings down the effective yield to the market prevailing rate.

After that, it is your basis decreased by the amount of bond premium amortized for earlier periods and the amount of any payment previously made on the bond other than a payment of qualified stated interest.

These sheets calculate the (annual) figures for: • Accrued interest that needs to be returned to the seller after settlement • Net bond basis • Original discount or premium • Annual (pro-rated) amortization of bond premium using both Constant Yield and Straight Line amortization, as required by the IRS • End - of - year basis • Annual coupons • Estimates of taxes due on coupons • Estimates of differences in taxes paid vs. not amortizing premiums • Capital loss or gain upon sale before maturity

Democrats want to use $ 35 million in bond premiums — essentially money generated by borrowing more than needed at higher interest rates — and cutting police overtime by reopening two closed police precincts and reducing the use of outside counsel.

The amount of bond premium amortized each year is not deductible by the holder but instead reduces the holder's tax basis.

A new member of the site alerted me to a 12 - year old controversy surrounding refunding bond premiums.

Amortizable bond premium can also result if a holder purchases a bond that was originally issued at a discount and the purchase price exceeds the issue price of the bond plus any accrued OID on the bond.

By the maturity date, the total bond premium is fully amortized and the bond principal is repaid.

New research examining the US municipal bond market suggests a positive green bond premium in recent years, driven by differences in credit quality.

In contrast to simpler «yield - curve spread» measurements of bond premium using a fixed cash - flow model (I - spread or Z - spread), the OAS quantifies the yield premium using a probabilistic model that incorporates two types of volatility:

Lawmakers project $ 30 million in revenue by recovering the value of bond premiums — money generated by borrowing more than needed at higher interest rates.

Democrats had proposed replacing the fee revenue with tactics including the use of $ 35 million in bond premiums and reducing the use of outside legal counsel.

Drummond suggests that no matter how the Americans deal with the debt, it could throw Canada into a double - dip recession: «It could be a lose - lose, because if they deal with it in a draconian fashion, then they'll kill off the recovery, but if they don't deal with it at all, they're going to see lower U.S. growth, drive down the U.S. dollar, raise the bond premiums — and that would be a disaster for Canada.»

In the letter, Gonsalves also said NIFA is applying unfair standards by preventing lawmakers from recovering the value of bond premiums — money generated by borrowing more than needed at higher interest rates — and «has perpetuated the conditions that allow it to maintain a control period.»

Lawmakers amended Mangano's $ 2.98 billion budget to remove the tax hike, replacing the revenue through measures to restructure debt and use bond premiums.

GOP officials criticized NIFA Monday for not allowing the county to use bond premiums — essentially money generated by borrowing more than needed at higher interest rates — as revenue.

This new program, which will be administered by the Department of Transportation's Office of Small and Disadvantaged Business Utilization (OSDBU), allows small and disadvantaged businesses to apply to be reimbursed for bonding premiums and fees incurred when competing for, or performing on, transportation infrastructure projects funded by ARRA.

If a tax - exempt bond is purchased at a premium (i.e., at a price in excess of the face amount of the bond), whether at original issue or in the secondary market, the bond premium is amortized over the remaining term of the bond using the same constant yield to maturity method discussed above under «Original Issue Discount.»

Box 11 is the bond premium.

From the link you provided to CBID i can now see my broker charges me something close to 2 basis points on bond purchases, which makes it very difficult to make capital gains when my bonds premium value goes up.

Step 3: Determine the bond premium for the accrual period.

How To Figure Amortization: For bonds issued after September 27, 1985, you must amortize bond premium using a constant yield method on the basis of the bond's yield to maturity, determined by using the bond's basis and compounding at the close of each accrual period.

The returning or receiving portions of the bond premium reduce the account balance of the premium on the bond payable for the bond seller or the account balance of the premium on the bond investment for the bond buyer.

Bond premium amortization for each coupon payment period illustrates how the actual cash coupon payment effectively pays interest expense and returns a portion of the bond premium for the bond seller or earns interest income and receives a portion of the bond premium for the bond buyer.

A bond premium reduces the yield to maturity of the bond, while a bond discount enhances its yield.