Sentences with phrase «bonded debt which»

Our town has over $ 100 million in bonded debt which it is struggling to reduce and which it has been paying for by reducing the Town's Reserve Fund and attempting to sell Town assets.

Not exact matches

The European Central Bank on December 3 dropped one of its main policy rates to negative 0.3 % from negative 0.2 % and said it would extend its bond - buying program, under which it creates euros to purchase debt, to at least March 2017.

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.

In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.

The average BB rated bond, which is what Dell's current debt is rated, is trading at a yield of 5.8 %.

Berkeley economist Barry Eichengreen recently told Spiegel Online that Europe will find no way around rescheduling Greek debt, which will hurt the balance sheet of banks that own Greek bonds.

The yield on Greece's three - year bond, which has surged from 4 % to 13.5 % since October, is now reflecting serious expectations that the country may end up outside of the Eurozone and unable to repay its euro - denominated debts.

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.

Even a debt - ceiling breach of a week or two during which the U.S. Treasury keeps making principal and interest payments to bond holders might hurt the U.S.'s rating.

Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.

Seadrill said the approved plan, which extends maturities of $ 5.7 billion in bank debts, converts $ 2.3 billion of unsecured bonds to equity and injects $ 1 billion in new debt and equity, would enable the company to take advantage of a market recovery.

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.

Over the past several months, debt traders have been growing increasingly wary of this type of monetary tightening by global central banks, which have been the biggest buyers of bonds for years.

At the time of the show's premiere, however, Trump's Atlantic City casino holdings were burdened by $ 2 billion in bond debt that they struggled to repay, according to The New York Times, which goes unmentioned in the first episode of «The Apprentice.»

The trio of ETFs, when they launch, will round out Franklin's bond ETF lineup, which already includes a variety of actively managed fixed - income funds covering short - duration U.S. government debt, municipal bonds and the investment - grade corporate debt.

As that debt pile grows, interest rates, which rise when bonds sell off, could continue to go higher.

The hedge fund would break even on its debt investment if the Berkshire bid prevails because gains in some parts of its debt holdings, which would be paid out in full, would offset losses in the unsecured bonds it holds, where it would take a deep haircut, the people said.

Puerto Rico's power authority, which supplies electricity to the island's 3.6 million people, made a $ 415 million debt payment that was due Wednesday after reaching a deal with its bond insurers to borrow more money.

But bond investors have continued to flock to the debt of the United States, which as the world's largest economy has retained the perception of a financial safe haven.

The debts that were forgiven were personal debts, agrarian debts, and the idea was to liberate the bond - servants so that they could be available to perform the corvée labor, which was the main kind of taxation in the Bronze Age, and serve in the army.

A key factor that could turn the tide for sovereign debt yields is the Bank of Japan, which meets Tuesday and Wednesday, and may decide to stop buying longer - duration bonds, according to reports.

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.

Bonds may also be subject to call risk, which is the risk that the issuer will redeem the debt at its option, fully or partially, before the scheduled maturity date.

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.

Represents the corporate and government - related sectors of Bloomberg Barclays Global Aggregate Bond Index (which provides a broad - based measure of the global investment - grade, fixed - rate debt markets) and is considered representative of global investment - grade debt.

The devastating LDC debt crisis of the 1980s, which began in August 1982 when the Mexican government announced that it was unable to service its obligations to foreign banks, ended only in 1990, when these loans were exchanged for a nominal amount of Brady bonds equal to only 65 % of the original notional amount of outstanding loans.

An array of measures is selected from the overall credit supply (or what is the same thing, debt securities) to represent «money,» which then is correlated with changes in goods and service prices, but not with prices for capital assets — bonds, stocks and real estate.

On Thursday, the utility filed a petition before the island's energy regulator for a new securitization charge, which would pay for the restructured debt following a planned bond exchange.

Moody's Investors Service, which downgraded Tesla's credit rating further into junk in March, still expects Tesla will need to raise about $ 2 billion selling equity, convertible bonds or debt, to offset the cash it burns this year and securities maturing through early 2019.

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).

Under the federal law Regulation D in the Securities Act of 1933, certain companies are exempt from registering the sale of securities, which are typically forms of stocks or bonds, and in the case of PeerStreet, real estate debt.

Unlike the other four ESG bond ETFs, which track U.S. debt, GRNB's portfolio holds bonds from about 20 countries.

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.

The first problem concerns a proposed debt buyback scheme, in which the Greek government would purchase and retire bonds at a discount.

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.

Government of Canada marketable debt, which includes treasury bills and marketable bonds, is distributed through competitive auctions to Government Securities Distributors, a group of banks and investment dealers in the Canadian market.

In December, PK repaid $ 55 million in maturing high - yield bonds, which carried a 7.5 % coupon, leaving the company with a forward debt maturity schedule that is well - balanced and very manageable with no major maturities until 2021.

i.e. I know I can stick with it in the depths of a crash (not easily, but I can do it) which would give me confidence that I could dispense with the bond element of a portfolio in favour of paying off debt, as you suggest, in your shoes.

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 eventual downgrade to junk, aka non-investment grade, will make IL debt ineligible for investment for some of their major institutional investors (one of which has already called for a boycott of Illinois debt) which are restricted by mandate to purchase only investment grade muni bonds.

We have government debt, corporate debt, and a much larger Fed balance sheet (which, some people argue, drove bond buying by the public), but those are offset by a significant deleveraging in household and financial sector debt.

At present, investors have no reasonable incentive at all to «lock in» the prospective returns implied by current prices of stocks or long - term bonds (though we suspect that 10 - year Treasuries may benefit over a short horizon due to continued economic risks and still - unresolved debt concerns in Europe, which has already entered an economic downturn).

It's also interesting to examine the changing significance and dynamics of the European bond market in general, which has almost doubled in size since 2005 to more than $ 10 trillion today, including government, investment - grade corporate debt and high yield.

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.

Still, we've observed diminishing returns from the Fed's interventions, there is no political tolerance for the Fed to intervene in securities involving any credit risk that would be borne by U.S. citizens (purchasing European sovereign debt, for example), and the yield on the 10 - year Treasury bond is already down to 1.7 %, which is far below where it stood when prior interventions were initiated.

Gelpern acknowledges that Ukrainian refusal to pay the bonds by invoking the odious debt principle «is fraught with legal, political and market risks, all of which would play into Russia's hands.»

The Fed's go - to move is tweaking its target for the federal funds rate, which is what banks charge one another for loans and the benchmark for our rates on mortgages, credit cards and other debts, as well as savings accounts, CDs and Treasury bonds.

It loads down economies with debt — and when debt service exceeds the surplus out of which to pay it, the central bank tries to «inflate its way out of debt» by creating enough new credit («money») to make real estate, stocks and bonds worth more — enough for debtors to borrow the interest due.

The offering, which was sold as a private placement, was the largest dollar - denominated corporate bond sale since Roche Holding issued $ 16.5 billion of debt in February 2009.