Within debt, which accounts for major chunk, the fund manager invests primarily in central and / or state
government backed debt instruments where the risk associated is not material.
Not exact matches
Between 2008 and 2012, the federal
government implemented a handful of ad - hoc policies meant to deter poorer households from taking on excessive
debt, including the reduction of the maximum amortization period for
government -
backed home loans to 25 years from 40 years.
Similarly, after a period of stimulus spending that increased spending and
debt, the
government is moving its spending
back to traditional levels.
The federal
government has since regained control of its
debt, and its
debt - to - GDP ratio is almost
back to pre-crisis levels.
The basic problem is that during each recession,
governments increase their
debt load to stimulate the economy and maintain (or even increase) services, but rarely cut
back on their
debt loads or services during the prosperous times — creating a long - term upward trend in indebtedness that Tony Boeckh of The Boeckh Investment Letter calls the «
debt supercycle.»
As quid pro quo for lifting the U.S.
government's
debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington
back into solvency.
Critics contend that a lack of direction could plague small
governments who are trying to beat
back debt obligations while at the same time providing services to their populations.
On the other hand, Yellen might decide to hold off scaling
back the QE stimulus if the current
government shutdown and
debt - ceiling battle last long enough to take a sizable toll on the economy or end with a deal that entails more heavy - handed spending cuts.
Don't look to the taxing power of
governments to bring sovereign
debt back in line.
Goal: Free Entrepreneurs with any
government back taxes, ridiculous child supports (which most of the money will go to the system not the child), unexplainable fines, medical bills, and
debt.
(Bloomberg)-- An investment fund that's seeking a payout from the Cuban
government on more than $ 1.3 billion in defaulted
debt and
back interest has hired the lawyer who won a settlement for hedge funds in a long - running legal battle against Argentina.
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
And if you don't pay
back the taxes for a long time, the
government will eventually enforce the lien by seizing and selling your property to satisfy the
debt.
(Yes, despite recording two enormous
back - to -
back surpluses, the provincial
government continues to borrow funds to service our $ 37 billion
debt and to finance our sizeable capital expenditures.)
He also concludes that «raising its (the
government's) deficit target
back up to 1 per cent (from zero) makes more sense when there are other short - term - pain - for - long - term - gain initiatives that are needed to address more pressing objectives than lowering a
debt ratio that is already the envy of the world.»
The Barclays U.S. Aggregate Bond Index is a market value — weighted index of investment - grade fixed - rate
debt issues, including
government, corporate, asset -
backed, and mortgage -
backed securities, with maturities of one year or more.
He said he would rather «cut off his arm» than accept another austerity bailout without any
debt relief for Greece, adding that he was «quite confident» the Greek people would
back the
government's call for a no vote.
Indeed, the stock of local currency
government debt securities outstanding for a representative sample of Asian markets has increased five-fold over the past 15 years (it's hard to go
back much further).
Last week in London, for example, an analyst from a research company with whose views I am usually in strong sympathy and who herself is very bearish on China's growth prospects, airily dismissed Chinese
debt concerns by pointing out that Chinese
government debt, even after adding
back estimates of losses in the banking system, is lower than that of the Japanese
government, and because the
government's
debt burden has not been a problem in Japan it won't be a problem in China.
Voters
back debt reduction over tax cuts: More voters overall believe the
government should pay down
debt rather than cut income tax — except those who face higher cost of living pressures.
There is no way the US
government is ever going to pay
back a $ 20 trillion federal
debt.
The job growth is fake, there's been no wage growth since 1999, inflation numbers are false,
government debt is too high, corporate profits are too low, corporate profits are unsustainably high, companies aren't reinvesting their profits, companies are buying
back too much stock, the Federal Reserve is propping up the market, the Federal Reserve is keeping rates artificially low, and so on.
Cutting
back government spending will reduce private - sector income, making it even harder to carry the corporate, real estate and personal
debt overhead, so the
debt problem will snowball.
The average Class of 2014 graduate with student - loan
debt has to pay
back some $ 33,000, according to an analysis of
government data by Mark Kantrowitz, publisher at Edvisors, a group of web sites about planning and paying for college.
In my recent National Post column, I make reference to some
back - of - envelope calculations to the effect that replacing the fiscal anchor of balanced budgets to one of a fixed
debt - GDP ratio allows the federal
government to increase spending by 1.2 percentage points of GDP, or by about $ 25 billion.
In addition to its program to buy mortgage -
backed debt, the Fed has been using proceeds from short - term
government securities to buy longer - term ones.
TGR: Going
back to the triple - witching hour at year - end, if the
debt ceiling is raised again, when do we start to see
government layoffs and limitations on services?
To qualify for a VA loan, you must prove that you have made good on previous
government -
backed debts, and that you have paid taxes.
This collateral (i.e., permissible vehicles investments) may include: (i) match - funded assets, and, (ii)
debt securities, equity securities and other financial instruments issued or guaranteed by the US
government or its agencies, sovereign
governments, supra - national entities, corporations, financial institutions and asset -
backed or mortgage -
backed issuers that are the subject of credit support agreements.
Today money is
debt, so when a person, company or a
government has a
debt, they are in fact promising to pay
back a
debt with more
debt.
It's embarrassing that after a crisis that nobody saw,
government policy continues pouring on more gas to fuel more speculation to get things (stocks, real estate,
debt)
back to the same place we were, or maybe even worse now...
I actually think something else is going on here — rather than talking about regulating the financial sector, the
government and the Bank are signaling that they are willing to provide lender - of - last - resort assurances to those who sell or engage in derivative financial products, of which the asset -
back mortgage and commercial
debt are but two examples.
Look into
government programs that can help you get
back on your feet as you resolve your
debt issues.
The
government can withhold a portion of Social Security benefits to pay certain
debts including
back taxes, delinquent federal student loans, alimony and child support, Randall said.
PBO analysis suggests if the Finance (private sector) projections turn out as planned, the
government will be
back to structural surplus by 2015 and will be in a positive long term fiscal gap position (declining net
debt relative to GDP in face of aging aging demographics).
Hartford Funds» new ETF joins two other already listed active fixed income ETFs sub-advised by Wellington (Hartford Corporate Bond ETF (NYSE: HCOR), an ETF focused on investment - grade corporate bonds, and Hartford Quality Bond ETF (NYSE: HQBD), a core bond ETF focused on investment grade
debt, including mortgage -
backed securities and US
government securities).
The bond purchases were started March 2015 to help the eurozone bounce
back from troubles over
government and bank
debt in several member countries including Greece, Ireland, Portugal, Cyprus, Spain and Italy.
In China, wealth management products are short - term investments, typically distributed through banks,
backed by assets ranging from cash and
government bonds to corporate
debt and derivatives.
He gives a large percentage of his salary
back to the
government so they can repay their
debt.
FTSE only rallying because of hedge funds playing games,
government QE, stockmarket racketeering, companies (esp banks) issuing
debt and buying
back stock.
Instead, Labour will set out, in our general election manifesto, tough fiscal rules that the next Labour
government will have to stick to - to get our country's current budget
back to balance and national
debt on a downward path.
If she is saying that the previous
government has borrowed excessively and recklessly and she has come to inherit it, what she should do to bring the
debt down is to pay
back but she is rather borrowing.»
Mr. Speaker,
Government streamlined ESLA flows to accommodate all the existing legacy
debts (about GH cents 10 billion) owed by the energy sector firms to banks and suppliers, and took steps to issue an ESLA -
backed bond to pay off these
debts.
Mr. Speaker,
Government also sponsored the issuance ofCedi - denominated medium - to - long - term bonds (7 and 10 year bonds) on the
back of the ESLA receivables to facilitate the clearance of the sector's legacy
debts.Again, the Akufo - Addo
Government is determined to turn away from the mismangement of the energy sector in the past which led to the accumulation of billions of
debts by entities, such as BOST, to managing these startegic entities with integrity and efficiency.
As for «paying
back the
debt» — unlike private citizens,
governments are immortal and never have to pay off their
debt in full.
He on numerous occasions accused the former NDC
government of being corrupt and personally secured a ruling from the Supreme Court, directing NDC financier Alfred Agbesi Woyome to pay
back a GHC 51 million judgement
debt unlawfully paid him by the state.
The Minority in Parliament has chastised
government's management of the economy citing the rising public
debt stock as a situation that can take Ghana
back to the status of HIPC [heavily indebted poor countries] by the end of 2019.
Gerard Terry, an influential political operative and chairman of the North Hempstead Democratic Committee, has for years received
government work paying him hundreds of thousands of dollars even as he compiled an income tax
debt of $ 1.4 million and battled lawsuits alleging fraud and failure to pay
back loans, a Newsday review of public records shows.
«And that is particularly true when
governments are so deeply in
debt that they have to cut
back their own spending programmes.
Ms Burrow also warned against the dangers of austerity: «Given a choice of economic policies, two - thirds of people support
government action to invest in job creation to allow economies to grow and pay off
debts compared with less than one in four who want
debts paid off now by cutting
back on
government spending.»