Sentences with phrase «first bond issue»

a municipal bond that is secured by an escrow fund; the escrow fund comes from the issuer floating a second bond issue and using the proceeds from that second bond issue to purchase government obligations, typically U.S. Treasuries, proceeds from the second bond issue create an escrow fund to mature at the first call date of the first bond issue to pre-refund that issue; bond issuers will typically do this during times of lower interest rates to lower their interest costs

a municipal bond that is secured by an escrow fund; the escrow fund comes from the issuer floating a second bond issue and using the proceeds from that second bond issue to purchase government obligations, typically U.S. Treasuries, proceeds from the second bond issue create an escrow fund to mature at the first call date of the first bond issue to pre-refund that issue; bond issuers will typically do this during times of lower interest rates to lower their interest costs

Not exact matches

TORONTO — Ontario will be the first in Canada to issue so - called green bonds next year to generate the billions of dollars that's needed to expand public transit, Premier Kathleen Wynne said Wednesday.

With revenues from the band's winery, golf course, luxury hotel and other ventures as collateral, it can now issue bonds just like municipal, provincial or federal governments — a first in Canada for a native band.

Last fall, the B.C. government also became the first foreign government to issue bonds into the Chinese RMB market, issuing a one - year - term bond that raised about $ 428 million Canadian.

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

Plurimi's Armstrong was particularly skeptical about Tesla due to production issues surrounding the firm's vehicles and its bond pricesplummeting to their lowest levels since first being issued.

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

The risk in higher yielding junk bonds first and foremost is derived from fact that any company paying north of 5 % to issue debt has a high probability of never paying back the investors who by the debt.

In a press release government officials reaffirmed the country's role in meeting commitments under the Paris Agreement and said France wants to be the first to issue a sovereign green bond in 2017.

First, the blockchain tallies any outstanding Base Bonds and orders them according to when they were issued, with the oldest fFirst, the blockchain tallies any outstanding Base Bonds and orders them according to when they were issued, with the oldest firstfirst.

The continent's pension funds, meanwhile, face a tougher challenge paying for their members» retirement, as early September saw the world's first negative - yielding corporate bonds, issued by French pharmaceutical firm Sanofi and German cement maker Henkel.

Against this background, I am very pleased that earlier this year the bank issued its first social inclusion bond.

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.

Morgan Stanley's first - ever green bond issuance and the broader growth across the market reflect what has become fertile ground for green bonds, which are similar to other fixed income instruments except that the proceeds are directed toward specific projects that address environmental issues.

Those bond issues that get paid first will have a higher credit rating.

Australian non-government entities issued $ 28 billion of bonds in the December quarter, well below the $ 42 billion average issuance seen in the first three quarters of 2004 (Table 13).

«In August 2015, Overstock used tZERO's blockchain technology to issue what we believe was the world's first private blockchain security, a USD 5 million bond to First New York Securities,» siad Overstock.com and tZERO CEO, Patrick Byrne, in a statefirst private blockchain security, a USD 5 million bond to First New York Securities,» siad Overstock.com and tZERO CEO, Patrick Byrne, in a stateFirst New York Securities,» siad Overstock.com and tZERO CEO, Patrick Byrne, in a statement.

For the first time ever, Germany's 10 - year government bond yield recently fell below zero, joining negative government debt issued by Japan, Switzerland and other countries.

Indeed, the supply of dollar bond issuance in this year's first quarter hit record levels, and those levels don't account for the increased use of «reverse Yankee issuance,» whereby U.S. corporations issue into European markets denominated in euros.

Capital Markets Debt Overstock.com, a Utah - based online retailer, issued the first digital corporate bond using blockchain technology — the same technology that supports cryptocurrencies such as bitcoin.

Overstock.com, a Utah - based online retailer, issued the first digital corporate bond using blockchain technology — the same technology that supports cryptocurrencies such as bitcoin.

Capital Markets Fixed Income Saudi Arabia has issued its first sovereign bonds since 2007 to help fund a widening budget deficit caused by continued spending amid low oil prices.

The issue was Ford Motor's first long - term bond since it regained its investment - grade status in May 2012.

Global beer giant SABMiller has completed its first ever Australian corporate bond issue, raising $ 700 million of five year debt from local and international investors.

Sustainability is in Klabin's DNA, and to sustain its investments in these practices, the company recently (September 2017) raised funds in the international market through its first issue of green bonds amounting to around R$ 1.6 billion, maturing in 10...

But an even more important issue is the bonds a new family makes, especially when they are first together.

The bond issue included an extra $ 1.6 million to subsidize debt service for the first three years until membership income can cover operating costs and debt service.

The first thing to keep in mind if you have issues bonding with your baby from start is to not feel guilty.

A supportive school board helped pass a bond issue in 2000 and didn't flinch when the program failed inspection its first year, Coplan said.

The first bonds were issued, by ordinance, for land acquisition and development of a southside park in 1931.

The first question asks whether the district should issue $ 8 million in general obligation bonds to purchase the parcel at 1st Avenue and Three Oaks Road, improve it and build a family aquatic center, which could accommodate 850 to 1,000 swimmers.

The District issued $ 300,000 in bonds by ordinance in December 1983, for the first time since 1938, for the purpose of land acquisition and to upgrade the computer system.

My first was born by a slightly traumatic cesarean and we faced bonding issues from the start.

To act with the scale of ambition required, the independent Early Intervention Foundation will work with the city to issue bonds: # 100 million in the first instance, with larger offers to institutional investors to follow.

The first pillar of a national growth strategy ought to be a state - driven national house - building programme, enabling local authorities to borrow against their assets, and issuing government - backed bonds to raise finance through capital markets.

In 2016, HCR set a record for the third year in a row, financing the creation or preservation of more than 17,000 affordable homes and apartments, creating nearly 2,000 homeownership opportunities for first - time homebuyers, and was once again the # 1 affordable housing bond issuer in the nation with $ 2.8 billion issued.

Antonacci opposes the first and third propositions, the redistricting commission and school bond issue, but supports the second proposition allowing electronic bills in place of paper bills in the state legislature.

Astorino opposes the first and third propositions, the redistricting commission and school bond issue.

In a groundbreaking announcement made during the ninth World Islamic Economic Forum (WIEF)- the first time the forum has ever been held outside the Islamic world - prime minister David Cameron boldly declared that the Treasury is drawing up plans to issue a # 200m Sukuk (a form of bond that complies with Islamic financial law).

The SPV established a bond programme to issue Cedi - denominated medium - to - long - term amortising bonds on the back of ESLA receivables to repay legacy debt to the tune of up to GH cents 10,000.00 million, he said, adding: «The first tranche of bonds issued under this programme, comprised a 7 - year (GH cents 2,408.60 million) and a 10 - year (GH cents 2,375.35 million) bond with coupons of 19.0 percent and 19.5 percent respectively, for a total of GH cents 4,783.97 million.»

The first two bonds, totaling 1.13 billion dollars, was issued at 15 and 7 years period with the same coupon of 19.75 %.

Schools in Albany, Averill Park, Queensbury and Galway on Wednesday were among the first in the state to be awarded part of a $ 2 billion pool for technology upgrades funded by a 2014 bond issue.

The so - called «Smart Schools» initiative was the first time voters approved a major bond issue since 2005 when they signed off on $ 2.9 billion in bonding for road, bridge and mass transit improvements.

In 2009, Oneida County was the first municipality in New York State to issue Build America Bonds (BAB's) and Recovery Zone Economic Development Bonds (RZEDB's) to finance infrastructure projects.

The President has appointed his first cousin as the Finance Minister and his cousin with his wife and business associates, issued a $ 2.25 billion bond to his business allies.

The Metropolitan Transportation Authority was set today to issue bonds backed by real estate for the first time in its history.

When Ghana issued its first Eurobond under the NPP in 2007, the spread (i.e. the difference) between the interest rate on the bond and US treasuries of similar tenor was 3.87 %.

According to him, his administration also issued the first green bond that would act as a catalyst for investments in renewable energy and afforestation projects «as we have established the Agro Rangers Unit within the Nigeria Security and Civil Defence Corps to protect the investments recorded in agricultural sector across the country.»

According to Councilman Hoehmann, «while the budget at first glance looks good, upon closer analysis budget gimmicks are used that only mask the problem and will result in a certain downgrade in our bond rating and other negative consequences unless we once and for all address the issue».