This bars all companies and people that are within the US jurisdiction from getting in contact with petro tokens as it constitutes, basically,
a government debt issuance.
Not exact matches
The commodity exporter will begin a roadshow this week to market a $ 2.5 billion Eurobond
issuance to restructure
debt and support the
government's 2018 budget, a senior
government official said.
It also appears that the ECB will concentrate on reducing its purchases of
government (rather than corporate) bonds, but here
issuance is increasing, with the net amount of eurozone
government debt set to expand in 2018, in contrast to the contraction seen over the previous 18 months.
In fixed income, the equivalent process is
issuance - weighting, whereby the country,
government agency or company that issues the most
debt receives the largest weight.
Meanwhile, Albert Edwards of SocGen suggested that there has been an excessive «move away from equities» in recent years — instead of noting, for example, that the volume of U.S.
government debt foisted upon the public (even excluding what has been purchased by the Fed) has doubled since 2007, not to mention other sources of global
debt issuance, while the market capitalization of stocks has merely recovered to its previously overvalued highs.
But today it would appear that investors are willing to continue to support a system that is literally floating on the
debt of
governments that have no hope of ever repaying their
issuance.
This puts central banks in a position where they will have attempt to control interest rates not by discounting lending, but by buying
debt from the
government directly, so that markets don't price the new
issuance at a level that would destroy the nation's ability to service a
debt load that is growing larger all the time.
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.
«
Issuance of Eurobond in the ICM and / or loans syndication by the banks in the sum of $ 3bn for refinancing of maturing domestic
debts obligations of the Federal
Government of Nigeria, while looking forward to the timely approval of the National Assembly to enable Nigerians to take advantage of these opportunities for funding.»
Finance Minister Ken Ofori - Atta said last week the
government planned to issue up to $ 2 billion of sovereign
issuance by June to pay down
debt that hit 68.7 percent of GDP last November and help finance the 2018 budget.
FINRA Board also filed with SEC proposed amendments to its TRACE rules to expand the definition of Agency
Debt Security to address a new
issuance structure by
government - sponsored enterprises
Corporate bonds are considered to be riskier than
government bonds because the investment grade rating of corporate bonds varies depending on the
debt issuance and revenue of the company.
Yet, the
debt of these countries dominates
government allocations in traditional bond indices as a mechanical byproduct of their dominance in cumulative notional
issuance.
Many high quality corporates won't have much
issuance over that same period; they will be scarce versus the massive amount of
government debt to pay.
Austerity advocates are knowingly or unknowingly the useful idiots of the bloated financial sector, as artificially limiting
government expenditure and giveaways to public assets, makes more room for and dependence upon private
debt issuance.
We share years of experience forging and implementing public - private partnerships, incentive, development and infrastructure agreements, economic development incentive and tax increment financing programs; assisting secondary and higher education institutions, healthcare organizations, cultural institutions, electric and gas power providers, and air, land and sea transportation entities with their
debt issuances; serving as bond counsel to a wide array of local and state
government entities; and serving as underwriters» counsel to many national and regional underwriters of municipal bonds and as counsel to direct purchasers of municipal
debt obligations.