A single state fund, as the name implies, invests only in
the bonds of a particular state.
Not exact matches
«The Finance Minister's extensive interests in the securities market through the shareholding in several companies that operate within the sector, some
of whom were contacted by the Bookrunners on this
particular bond, always raises the potential for conflict
of interests,» Haruna Iddrisu
stated.
Prospective purchasers
of tax - exempt
bonds should consult their own tax advisors concerning the application
of federal and
state tax laws to their
particular situation.
For example, a
bond that is used for a
particular municipal improvement that is not backed by the credit
of a
state or municipality, but rather that
of a corporation (such as an airline backing an airport improvement
bond), would be subject to AMT.