Sentences with phrase «by the bond issue»

Bonds get their «tax - free» status because the money raised by the bond issue is usually for a «public good or service» such as schools or roads.

The recreation center, to be financed by a bond issue approved by voters last year, is to include two indoor pools, an outdoor pool with a water slide, two full - size basketball courts, a fitness center and an indoor playground.

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.

The pair have promised to scrap the Tory government's tight borrowing rules to set up a # 100bn fund for new infrastructure, to be paid for by a bond issue.

The Parkway was constructed with funds generated by bonds issued by the PPA in 1998 under Virginia's Public Private Transportation Act of 1995.

The Project was constructed using funds generated by bonds issued by the Pocahontas Parkway Association (PPA) in 1998 under Virginia's Public Private Transportation Act of 1995.

These preferreds are backed by a bond issue held in trust and they provide the increased safety of bonds with the liquidity of stocks.

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.

He shares the consensus view that the 30 - year bull market in bonds is now spent and recommends buying floating - rate notes issued by corporations that reset their coupon according to market rates every three or six months.

They can grow by reinvesting their profits, and issuing stocks and bonds, growing much faster than if they had to raise and use their own cash.

The Department of Justice said in a news release that «these bonds were issued by the former Republic of China prior to losing power to the communist government in 1949.

Since 2007, Canada's largest banks have enthusiastically issued something called covered bonds, which are backed by residential mortgages.

The debt issued Tuesday by the drugstore giant had gained $ 320 million by Wednesday morning in New York, according to Trace bond price data compiled by Bloomberg.

A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.

NEW YORK (Reuters)- Wary of brokers who make their money by «riding the calendar» of new stock and bond issues rather than patiently building the firm's wealth management business, Morgan Stanley is cracking down where it hurts the most: compensation.

A downgrade by a credit rating agency usually means investors will demand a higher interest rate when a company goes to raise cash by issuing bonds or other debt.

First, municipal bonds represent an «IOU» issued by a governmental entity — usually state or local.

The Financial Times reports that $ 20 billion in dollar - denominated bonds issued by HNA and its subsidiaries are due to mature in 2018 or 2019; yields on three of those bonds have spiked, doubling this month to more than 18 %.

Conveniently, all three of these projections are for 10 - year bonds issued by the federal government, allowing for an apples - to - apples comparison.

The secondary market is composed of bonds that were issued in the past and may be traded until redeemed by the issuer.

September 2003 (188 kb PDF file): Research summaries on sovereign bonds and public debt management and on international trade; country study: Sweden; summaries of new study on deflation and recent book: Sweden's Welfare State; contents of latest issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF working papers; list of external publications by IMF staff.

[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.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

Manulife, Sun Life Financial and iA Financial Group led the $ 290 - million transaction by investing in 19 - year bonds issued by Phase II Investment Trust.

However, investors of junk bonds should note the implications and risks that are involved with investing in bonds that are issued by companies with liquidity issues.

It holds 21 sovereign bonds issued in U.S. dollars by countries like Mexico, Brazil, Russia and Korea.

For instance, Mishkin (2012:1 and 24) explains that «in our economy, nonbank finance also plays an important role in channeling funds from lender - savers to borrower - spenders... Finance companies raise funds by issuing commercial paper and stocks and bonds and use the proceeds to make loans that are particularly suited to consumer and business needs.»

The idea here is essentially to work out how to set up cross-border mutual - fund type structures to invest in bonds issued by regional governments and quasi-government authorities, and to show the way with a modest amount of central bank money.

A Treasury bond is basically a long - term security issued by the U.S. Treasury that features a 30 - year, fixed maturity and requires a minimum investment of $ 100.

These ETFs typically hold bonds issued by companies with lower credit ratings.

Going forward, the sector should be supported by improving fundamentals and lower bond issues.

Many small - and medium - size banks are increasingly raising money for loans, bond purchases and other investments by issuing wealth management products, and even some largely unregulated companies have begun issuing wealth management products.

These funds invest primarily in bonds issued by countries with smaller, less developed economies, or by corporations headquartered in developing countries.

These funds are typically composed of investment grade bonds issued by governments and corporations or secured by assets such as home mortgages.

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.

Included in the EMBI Global are U.S. - dollar - denominated Brady bonds, Eurobonds, traded loans, and local - market debt instruments issued by sovereign and quasi-sovereign entities.

Newly issued Treasuries can be purchased at auctions held by the government, while previously issued bonds can be purchased on the secondary market.

The fund under normal circumstances invests in at least 65 % of its total assets in a diversified portfolio of fixed income instruments of varying maturities, including bonds issued by both U.S. and non-U.S. public - or private - sector entities.

Definition: Bonds issued by state, municipalities, or counties.

Municipal bond funds invest in municipal bonds issued by various state and local governments.

Equity markets fell as investors shifted to the relative safety of bonds issued by the major countries — even though S&P had announced a downgrade of the US sovereign credit rating.

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.

Potenza has been finding opportunities in short - duration corporate bonds issued by relatively resilient, well - run companies with strong balance sheets, improving credit profiles, and fair valuations.

The iShares 10 - 20 Year Treasury Bond ETF tracks a market - weighted index of debt issued by the U.S. Treasury.

These funds invest primarily in taxable bonds issued by non-investment grade companies or governments.

The government is called on to bail them out by issuing bonds, and to pay the interest charges either by raising taxes or cutting back spending programs.

New domestic issues of bonds by private borrowers have reached record levels in 1999 — an average of $ 2.3 billion a month, compared with an average of $ 1 billion a month in 1998 (Graph 5).

The iShares 20 + Year Treasury Bond ETF tracks a market - weighted index of debt issued by the US Treasury with remaining maturities of 20 years or more.

So far in 1999, the amount of non-government bonds on issue has increased by 35 per cent, to $ 54 billion.

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.