Sentences with phrase «bond sales by»

Because the individual private investors are considered qualified to do their own research into the credit and financial status of a district, «private placements» for bond sales by educational districts are exempt from the federal requirement to post Official Statements.
The SMFP money is raised through bond sales by the Dormitory Authority and ultimately controlled by the governor, subject to some tacit agreement with the Senate and Assembly that allows legislators to apply for chunks of money for projects in their districts.
It still is unclear how the state is paying for the bridge, though Cuomo recently announced a «successful» $ 1.1 billion bond sale by the state Thruway Authority to help pay for part of it.
This article discusses that the Port of Los Angeles will price a nearly $ 220M revenue bond financing — representing the first green bond sale by a port.

Not exact matches

A case in point: Citigroup and JPMorgan recently worked on the sale of $ 1 billion in bonds from the Republic of Iraq backed by the US government.
Furthermore, the 1 percent you pay to your money manager doesn't always cover the costs of buying and selling the stocks and bonds in your portfolio or the sales charges (also known as loads) and administrative fees charged by the mutual funds your manager puts you into.
Bonds due in 2018 and won by BofA were «aggressively» priced with a 1.64 percent yield that narrowed Illinois» spread over Municipal Market Data's benchmark triple - A yield curve to 70 basis points from 100 basis points ahead of the sale, Greg Saulnier, a MMD analyst, said.
By imitating its well - established bill auction process, the Treasury gave dealers a familiar starting point for developing the risk management and sales programs necessary to support auction bidding for notes and bonds.
As Benjamin Graham explained, «When changes in the market level have raised the common - stock component to, say, 55 % the balance would be restored by a sale of one - eleventh of the stock portfolio and the transfer of the proceeds to bonds.
The other provinces would have access to Canada Pension Plan surpluses, in proportion to the contributions made by their residents, through the sale of provincial bonds and provincially guaranteed securities on 20 year terms at the long - term federal bond rate.
What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?
-- Goethe What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?
Harford County officials plan to postpone by a month a planned sale of bonds to finance two key public safety - related projects and other capital improvements.
The Fed controls monetary policy by making open - market sales or purchases of government bonds and Treasury bills.
Expectations that sales of Japanese government bonds by the GPIF would partially offset bond purchases by the Bank of Japan also played a role.
At the Shadow Open Market Committee fall meeting on Sept. 15, economist Peter Ireland of Boston College argued that the effect of reducing the balance sheet is ultimately equivalent to an open - market sale of bonds by the Fed of the kind it would undertake in order to push up the fed funds interest rate.
All markets will continue to focus on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to this afternoon's Commitment of Traders Report, followed by reports Monday on Chinese PMI, German CPI and Retail Sales, US Personal Income, Personal Spending, PCE, Chicago PMI, Pending Home Sales, and the Dallas Fed's Manufacturing Index for near term direction.
In contrast to IMF loans to support the kleptocrats» banks and new Cold War asset grabs from the Eastern border provinces with Russia, Ukraine's sale of bonds to Russia's sovereign debt fund and its contracts signed for gas purchases were negotiated by a democratically elected government, at prices that subsidized domestic industry and also household consumption.
And those debts don't include the cash Apple has promised its shareholders, which are mostly financed by its bond sales.
Board member Bill Diaz voted against it because the bond sales include money for refurbishing the Central Square building, which is owned jointly by the park district, the City of Lockport and Lockport Township and is where all three have their offices.
«I don't think we can build the whole building at once, but we do want to have some space to move into,» Park District Board Vice President Mary Wright said, noting the project is to be constructed in phases by using available bond funds, reserve money and any money gained from the sale or lease of property to the library.
If approved, the $ 19.4 million bond sale would increase school property taxes by about 2.2 percent.
At issue was a proposal by Oakdale Community Church to create a charitable remainder trust for the Hartsing family, owners of the 117 - acre farm who stand to gain $ 5 million from the sale of the land if the Park District's bond issue passes.
The $ 33 million renovation, to be paid for by boater fees, will be financed by the sale of bonds.
FRANKFORT — Summit Hill School District 161 board members approved the sale of $ 16.4 million in construction and renovation bonds this week, a move made possible by passage of a $ 23.9 referendum proposal in April for school construction and renovation.
Responding to concerns over the loss of open space, the Park District bought the property, funded by a tax increase in 2000 and an $ 11.5 million bond sale in 2002.
The funds would come from reserves, bond sales and revenues generated by the golf and pool facilities, he said.
Residents will be asked to approve the sale of $ 6.9 million in bonds to finance the construction of a scaled down version of the $ 15 million Hunt Club Leisure Center proposal, which was shot down by voters in April because of its high cost.
The report shows that cash balance of Emirate Group has increased by 33percent to AED 25.4 billion (US$ 6.9 billion) which was supported by the bond issued in March and strong sales due to the early Easter holidays at the end of March.
These risks and other information will be contained in the Official Statement that will be prepared by SONYMA in connection with the sale of the Refunding Bonds.
The legislature proposed floating an $ 80 or so million bond — whatever the exact amount of the deficit was ruled to be — which would be paid back over 10 years by the sales tax.
Specifically the Executive Order will facilitate the sale of over $ 250 million of Recovery Zone Facility Bonds by the end of Calendar year 2010.
The income and sales - tax bonds that are being sold Tuesday are rated AAA by S&P and Fitch and Aa1, the second - highest grade, by Moody's.
The city, benefiting from an economy that boosted sales and income tax collections 15 percent since fiscal 2014, on Tuesday is selling $ 1 billion of bonds backed by that revenue to pay for capital projects.
Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.
The Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co. have over the past 2 1/2 years received taxpayer - financed contracts to help manage the sale of more than $ 3 billion worth of bonds for New York state, according to a review of state records by International Business Times.
The National Democratic Congress (NDC) Member of Parliament for the Keta Constituency, Richard Quashigah, is on the heels of the Vice President, Dr. Mahamudu Bawumia, demanding an apology from him for calling the Minority ignorant over the sale of the domestic bond issued by government.
• So could the many other bills that need to be passed by tomorrow, including but not limited to: New York City's adjusted sales tax, which is needed to balance the city budget; a bill to renew federal support for special education; and a bill to allow the city to continue to sell bonds to raise money.
Not long afterwards there were comments by others about the deficit bond and the likely increase that would be needed in taxes to pay for that bond but that some believed that the sale of Summit Park would solve all of the County's problems which Day had stated could not be farther from the truth.
On Monday, Rockland County sent a delegation to Albany to ask for the authority to close its widening budget deficit by issuing bonds backed by a sales tax increase.
Banks involved in the lending and bond sales are some of the state's most powerful, including KeyBank and M&T Bank, whose loans are secured by property and high - tech equipment on the SUNY Poly campus on Fuller Road.
These projects were approved by California voters and were supposed to be funded by the sale of state bonds — but they've been on hold because the state's poor credit rating has made state bonds all but impossible to sell.
The agency, however, has so far approved close to $ 160 million in research grants, thanks to a $ 150 million loan from the state and $ 45 million generated by Klein from the sale of «bond anticipation notes.»
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Upset by this turn of events, the sisters attempt to ruin the house sale by throwing a wild party for their old high school friends and new acquaintances, but what they discover is their deeply felt bond to one another in this R - rated comedy that conjures its share of juvenile funny.
According to the report by the Education Commission of the States, 12 states — Colorado, Connecticut, Delaware, Illinois, Iowa, Kentucky, Missouri, North Carolina, North Dakota, Rhode Island, Virginia, and Washington — have authorized the sale of such bonds as a way of helping parents save for their children's college education.
The Board also unanimously voted to augment the previously set aside $ 73.5 million in future bond sale proceeds by an additional $ 20.7 million, meaning that all possible future CSFP advance fund releases will be covered through the next bond sale.
While state officials would periodically chip in on capital costs from the 1950's to the mid-1990's by putting forth bonds and sales tax revenues every decade or so, according to Leanne Winner, director of governmental relations for the N.C. School Boards Association (NCSBA), the state generally adhered to its commitment of funding operations.
As required by the California Constitution, the proceeds from the sale of the bonds will be used only for the purposes authorized under Article XIIIA of the California Constitution, including acquisition or improvement of real property for school facilities, as more specifically set forth in this Bond Measure, and costs incident thereto.
No Teacher or Administrator Salaries: Proceeds from the sale of the bonds authorized by this proposition shall be used only for the acquisition, construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, and not for any other purpose, including teacher and school administrator salariesLawyer Trick!Another new twist on lawyers trying to get you to approve changing the prohibition in the Constitution on the use of bond funds for administrator salaries.
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