Prepared financial portion of Preliminary Official Statement
for bond issuance, NJ State mandated Budget documents for submission to DLGS, and USDA reports for the $ 12 million clean water project
An alternative process
for bond issuance, which is commonly used for smaller issues and avoids this cost, is the private placement bond.
Not exact matches
High - quality
bonds, in fact, have seen a huge year
for issuance despite the continual drumbeat of fixed income fears.
The minister spoke with
bond investors as part of preparations
for a third international
bond issuance, Reuters reported, after the company placed US$ 17.5 billion in
bonds last year and a US$ 9 - billion Sharia - compliant sukuk
bond in April this year.
The 10 year maturity U.S. Treasury Note (UST 10 yr) is thought to be the primary benchmark
for the U.S.
bond market because it has the largest
issuance and is used as the basis
for fixed rate mortgage pricing.
A China - driven surge in green
bond issuance helps pave the way
for a socially responsible version of the security in the U.S.
The trend can be seen in both the supply of and demand
for market - making services, and reflects both post-crisis cyclical conditions (such as diminished bank risk appetite and strong
bond issuance) and structural changes in the markets themselves (such as tighter risk management or regulatory constraints).
«Market participants will look back on this municipal green
bond issuance for Massachusetts, and see it as the gateway to further green
bond issuances across the many states and many cities that are hoping to access less expensive funding to improve infrastructure, protect natural resources and offer renewable energy,» says Bill Daley, Managing Director in Public Finance.
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.
The resulting increase in corporate
bond issuance has pushed up swap spreads, with the spread on US 10 - year (bank / government) swaps,
for example, recently at its highest level
for several years (Graph 7).
To provide additional transparency to our process, DNV GL, an independent certification expert in renewables and energy efficiency, reviewed Morgan Stanley's internal green
bond framework and its adherence to the Green Bond Principles, which are voluntary guidelines for the development and issuance of green bonds, encouraging transparency, disclosure and integrity in the development of the green bond mar
bond framework and its adherence to the Green
Bond Principles, which are voluntary guidelines for the development and issuance of green bonds, encouraging transparency, disclosure and integrity in the development of the green bond mar
Bond Principles, which are voluntary guidelines
for the development and
issuance of green
bonds, encouraging transparency, disclosure and integrity in the development of the green
bond mar
bond market.
Record foreign currency
bond issuance by Australian entities in 2004 has pushed up the cost of converting foreign currency to Australian dollars and made it cheap
for foreigners to do the opposite (Graph B3).
In addition, continuing robust Uridashi
issuance appears to have provided ongoing support
for the Australian dollar, despite increased maturities of existing A$ Uridashi
bonds.
In particular, the New York - based bank is known
for its expertise in the
issuance of catastrophe
bonds, Qualified School Construction Bonds in the US, and bonds issued to finance debt restructuring around the w
bonds, Qualified School Construction
Bonds in the US, and bonds issued to finance debt restructuring around the w
Bonds in the US, and
bonds issued to finance debt restructuring around the w
bonds issued to finance debt restructuring around the world.
In the first three quarters of 2017, green
bond issuance reached USD 83 billion, nearing the issuance reported by the Climate Bond Initiative for full - year 2016 (see Exhibit
bond issuance reached USD 83 billion, nearing the
issuance reported by the Climate
Bond Initiative for full - year 2016 (see Exhibit
Bond Initiative
for full - year 2016 (see Exhibit 1).
Coalitions build cities» capacity through an education program, providing cities with: tools; support by connecting them with organisations who can prepare them
for green
bonds issuance; and a platform
for knowledge and best practice sharing between cities» treasuries.
On the subject of junk debt, in the first two quarters of 2014, European high yield
bond issuance outstripped U.S.
issuance for the first time in history, with 77 % of the total represented by Greece, Ireland, Italy, Portugal, and Spain.
White & Case partner in Dubai Debashis Dey said if the sovereign
issuances come to an end then sukuk could grow as investors look
for other investment opportunities other than conventional
bonds.
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.
Higher retail sales, higher home prices, and general economic strength should generate more revenues
for municipalities, which could also mean reduced
issuance of new
bonds and lower muni yields
for investors.
The global increase in environmental awareness has led to a marked rise in the appetite
for green
bonds and this an opportunity
for green Sukuk
issuances says...
For example, the Bloomberg Barclays Green Bond Index, which was launched in 2014, has lagged the broad - based Barclays Global Aggregate slightly over the last three years — but keep in mind that overall returns don't account for the boom in green bond issuance over that peri
For example, the Bloomberg Barclays Green
Bond Index, which was launched in 2014, has lagged the broad - based Barclays Global Aggregate slightly over the last three years — but keep in mind that overall returns don't account for the boom in green bond issuance over that per
Bond Index, which was launched in 2014, has lagged the broad - based Barclays Global Aggregate slightly over the last three years — but keep in mind that overall returns don't account
for the boom in green bond issuance over that peri
for the boom in green
bond issuance over that per
bond issuance over that period.
In 2016
for the first time,
issuance in the panda
bond market surpassed that of dim sum
bonds.
Many analysts have long flagged a similar pitfall
for the ECB's purchasing program, namely a scarcity of eligible
bonds, as
issuance from member governments has been restricted by their austerity - driven policies.
Analysts at Moody's Investors Service Middle East in Dubai say the
issuance is credit positive
for Saudi banks because their profitability will benefit from the transfer of their large, low - yielding reserves of cash and placements from the Saudi Arabian Monetary Authority and other banks to higher - yielding government Islamic
bonds.
HIGH - YIELD
ISSUANCE Issuance in the high - yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment A
ISSUANCE Issuance in the high - yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment A
Issuance in the high - yield
bond market totaled $ 34.4 billion in October, the third - highest monthly total
for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment Advisors.
Last week the park district board, which has no members from Romeoville, approved the
issuance of nearly $ 1.1 million in
bonds to pay
for a variety of projects.
ST. CHARLES — The St. Charles Park District Board has voted to seek bids from financial institutions
for the
issuance of $ 2.17 million in general obligation
bonds and to borrow an additional $ 1.2 million in an installment loan.
Officials also added that an upcoming
bond issuance of $ 7.86 million to fund various park projects in the next two years will not increase taxes
for residents.
HOFFMAN ESTATES — The Hoffman Estates Park District Board this week approved a land donation agreement with Sears, Roebuck and Co. and the
issuance of $ 17.7 million in general obligation
bonds for its proposed community recreational center in the Prairie Stone business park.
o
Issuance of Euro
Bond and use of some of the proceeds
for reprofiling more expensive domestic debt o Creation of benchmark domestic
bonds through tap - ins rather than new
issuances.
A resolution of the County Legislature
for any of the following specified purposes shall be submitted to the County Executive
for his or her approval or veto in the same manner as provided in this charter
for the adoption of ordinances: (a) an allocation from the budget contingency fund; (b) a supplemental or emergency appropriation; (c) the
issuance of budget notes or notes in anticipation of the collection of taxes or revenues; and (d) the
issuance of
bonds, anticipation notes or capital notes.
While Latimer, 62, said he would entertain supporting the maintenance to the state's infrastructure through
bond issuance, Killian pointed to the elimination of New York state's Scaffold Law — which establishes contractors» «absolute liability»
for elevation - related injuries and contributes to costly insurance rates in addition to lawsuits — as a major point
for reform.
Policy Think Tank, Strategic Thinkers Network (STRANEK), is calling
for the immediate resignation of Finance Minister, Ken Ofori - Atta pending the outcome of the investigations currently ongoing into the
issuance of the controversial $ 2.25 billion
bond by the Commission on Human Rights and Administrative Justice (CHRAJ).
The letter read in part, «Accordingly, the Senate is requested to kindly approve the following external borrowings:
Issuance of $ 2.5 bn in the international capital market through Eurobonds, or a combination of Eurobonds and Diaspora
bonds for the financing of the Federal Government of Nigeria's 2017 Appropriation Act and capital expenditure projects in the Act.
On the
issuance of $ 2.5 bn
for financing the Appropriation Act, Buhari noted that in order to implement the external borrowing plan approved by the National Assembly in the 2017 Appropriation Act, the Federal Government issued a $ 300m Diaspora
Bond in the international capital market in June this year.
The Ashanti Regional Youth Organizer of the National Democratic Congress (NDC), Brogya Genfi, has said he will file a joinder application should Finance Minister, Ken Ofori Atta drag the Commission
for Human Rights and Administrative Justice (CHRAJ) to court over its findings on the
issuance of the $ 2.25 billion
bond.
The fraud pertained in part to the
issuance of $ 25 million in
bonds to pay
for construction of Provident Bank Park, a minor league baseball stadium.
Using the State Pension fund to legitimately lend the State money as an investment rather than the State issuing
bonds for smoothing spending is an intelligent idea, but with the same terms and conditions as any
bond issuance would have.
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 NDC Member of Parliament
for Bolgatanga Central, Isaac Adongo, has accused the Finance Minister, Ken Ofori - Attah, of manipulating the processes in the
issuance of the controversial 2.25 billion dollar
bond.
The Member of Parliament
for Keta in the Volta Region, Richard Quarshigah, has justified his demand
for an apology from Vice President Dr Mahammadu Bawumia over his recent attack on the minority in Parliament on the
issuance of the $ 2.5 billion dollar
bond.
· The county budgeted
for the
issuance of $ 5 million in serial
bonds to cover the costs of tax certiorari claims.
«We request that you oppose any new requirements that would delay the
issuance of
bonds for affordable housing purposes, especially where the sate has no credit risk such as with local issuances of such bonds,» New York State Association For Affordable Housing president Jolie Milstein said at the Albany hearing on Mond
for affordable housing purposes, especially where the sate has no credit risk such as with local
issuances of such
bonds,» New York State Association
For Affordable Housing president Jolie Milstein said at the Albany hearing on Mond
For Affordable Housing president Jolie Milstein said at the Albany hearing on Monday.
The Member of Parliament
for Builsa South, Dr. Clement Apaak, has filed an application at the Supreme Court demanding an injunction on the
issuance of any further
bonds without Parliamentary approval.
Utilizing a $ 10 million federal enhancement grant and a $ 100,000 contribution from the Texas Education Agency (TEA), TCEP provides credit enhancement
for municipal
bonds that provide financing
for the acquisition, construction, repair or renovation of Texas charter school facilities (including certain refinancing of facilities debt that meet federal guidelines), by funding a debt service reserve fund
for such
issuances.
- Retain language giving schools ability to use authority under the government code to issue
bonds but clarify that the limitations imposed on the
issuance of capital appreciation
bonds in the Education Code can not be overridden by the regulations established
for school districts in the government code.
The Logan City School District Board of Education on Tuesday approved the sale and
issuance of a $ 4.8 million Municipal Building Authority
bond to pay
for seismic upgrades and other additions to Logan High while it is still under construction.
The
issuance of $ 12 million direct subsidy qualified school construction
bonds by the California School Finance Authority to fund construction of a K - 8 charter school facility located on the Chula Vista campus of High Tech High was recognized by The
Bond Buyer, a very respected and influential media outlet for those working in the bond sec
Bond Buyer, a very respected and influential media outlet
for those working in the
bond sec
bond sector.
The board expects to make several appointments, vote on the preliminary official statement
for the
issuance of $ 38.5 million in remaining Measure C
bonds and to discuss reopening Holbrook Elementary and Glenbrook Middle School, which are both in Concord, near the Naval Weapons Station.