Sentences with phrase «in local bonds»

Limitations on who can invest in local bonds, restrictions on how money is allowed to flow into and out of these countries, and the small overall size of these bond markets make investing there tricky.

Data from the California Debt and Investment Advisory Commission revealed that school districts have authorized at least $ 75.2 billion in local bonds for school facilities since 1998.

The small net change in local bond yields since February is consistent with developments in the US over the same period.

From changes in local bond distances (OH · · O and O · · · O) with time, we elucidated the structural changes in the far - from - equilibrium regime at short times and near - equilibration at long times.

Not exact matches

There are currently no emerging - market fixed income products denominated in Canadian dollars; investors have to buy either American dollar securities (also called hard dollar bonds) or the local currency option.

All of these places offered an opportunity to get close to one another and bond with locals in your community.

Both come with exchange risks, but U.S. dollar bonds are usually less volatile than those denominated in local currency, says Lian.

IIF noted in a recent report that plans to privatize several state - owned enterprises beyond the Aramco deal, a doubling in the size of the domestic stock market and the trading of local currency government bonds on the Saudi exchange, which began this month, all deepen the kingdom's capital markets.

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.

On Monday, the state planner issued new rules for companies which are planning to issue bonds to put more pressure on debt - laden local governments to get their finances in order.

In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

That puts pressure on currencies, because bonds are mostly denominated in the local coinage.

Tax exemptions In general, the interest you earn from your tax - exempt municipal securities is exempt from federal income tax and in some cases, state or local income tax, depending on whether you are a resident of the state that issued the bonIn general, the interest you earn from your tax - exempt municipal securities is exempt from federal income tax and in some cases, state or local income tax, depending on whether you are a resident of the state that issued the bonin some cases, state or local income tax, depending on whether you are a resident of the state that issued the bond.

Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.

This team includes a former member of Congress, individuals who served in or worked with local governments, and bankruptcy and bond partners with various levels of political involvement.

[2] Indeed, to my mind, the value of these initiatives has been less the «integration» aspect than the progress made in enabling eight local bond markets to function more effectively for foreign and domestic investors and, not least, for the governments and other borrowers of those countries.

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.

In addition to providing a source of income and diversification, the interest income on municipal bonds generally is exempt from federal income tax and may also be exempt from state and local taxes for residents in the state where the bond is issueIn addition to providing a source of income and diversification, the interest income on municipal bonds generally is exempt from federal income tax and may also be exempt from state and local taxes for residents in the state where the bond is issuein the state where the bond is issued.

Also, any tax bill that does away with or caps state and local tax deductions could further incentivize individuals living in high - tax states that offer preferential treatment to in - state municipal bonds to seek shelter in the bonds of their home states.

Colonial, which recently announced plans to move its headquarters to Madrid from Barcelona, where Catalonia's local government is in turmoil over its attempt to split from Spain, said the transaction was fully financed through a combination of equity, bonds and the disposal of non-core assets.

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

If a fund investor is resident in the state of issuance of the bonds held by the fund, interest dividends may also be exempt from state and local income taxes.

Continued foreign currency bond issuance by Asian residents and foreign participation in local currency bond markets has contributed to this growth.

These initiatives have included various measures to encourage broader participation in local currency bond markets, including by non-residents.

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.

Of the $ 50 billion increase in the past couple of years in total non-government bond outstandings (offshore plus local issuance), almost two - thirds has been within the local market (Graph 7).

Invest in municipal bonds issued by various state and local governments.

Issuers may be located in any geography, but holdings must be either denominated in one of the G10 currencies, or issued outside of the home market of the issue currency — effectively excluding local - currency emerging - market bonds.

That group issued a report in September, identifying ways international development banks and other organizations can support the development of local currency green bond markets around the world.

We invest billions of dollars in the national, state, and local economies, including investments in state and municipal bonds, stocks, real estate and private equity.

Interest income generated by municipal bonds is generally expected to be exempt from federal income taxes and, if the bonds are held by an investor resident in the state of issuance, state and local income taxes.

Finally, we prefer hard - currency EM bonds — particularly high - yielding oil exporters such as Russia, Colombia and Kazakhstan — and short - duration local currency bonds in some countries.

Capital controls have historically been as much about preventing foreigners from buying local government bonds as it has been about preventing destabilizing bouts of flight capital, and living in China, where an aggressive demand for the privileges of reserve currency status coincide with equally aggressive policies that prevent the RMB from achieving reserve currency status (and that transfer ever more of the «benefits» to the US) made clear the huge gap in rhetoric and practice.

interest from municipal bonds as well as distributions from mutual funds that qualify as exempt interest dividends; this income is generally not subject to regular federal income taxes; note that Fidelity reports this information to the IRS, and may be required to report the information to tax authorities in California among other states; the total amount or a portion of tax - exempt income (reported as specified private activity bond interest) must be taken into account when computing the federal Alternative Minimum Tax (AMT) applicable to individuals and may be subject to state and local taxes; you are required to report tax - exempt income on Form 1040, and may be required to report it on your state tax return as well

The government's elevated gross borrowing requirements estimated at around 17 % of GDP per year between 2017 and 2019 are mainly driven by sizeable maturing government bonds — in particular, local currency USD - indexed bonds — on top of fiscal deficits averaging around 3.8 % of GDP.

Bonds denominated in renminbi in the Hong Kong market, known as CNH bonds, outperformed dollar - denominated and other local currency bonds in Asia last year, with a more than 6 % total return in dollar terms, as investors sought stability in the resilience of the Chinese currency, according to a report by Bonds denominated in renminbi in the Hong Kong market, known as CNH bonds, outperformed dollar - denominated and other local currency bonds in Asia last year, with a more than 6 % total return in dollar terms, as investors sought stability in the resilience of the Chinese currency, according to a report by bonds, outperformed dollar - denominated and other local currency bonds in Asia last year, with a more than 6 % total return in dollar terms, as investors sought stability in the resilience of the Chinese currency, according to a report by bonds in Asia last year, with a more than 6 % total return in dollar terms, as investors sought stability in the resilience of the Chinese currency, according to a report by HSBC.

Issuing international bonds through controlled entities in offshore centers allows Chinese and Brazilian firms to reach investors that would find it difficult to invest in their local markets, the BIS says.

In the EM local currency bond space, Colombia (10 - year yield -37 bp), South Africa -LRB--18 bp), and Ukraine -LRB--17 bp) have outperformed this week, while the Philippines (10 - year yield +27), Brazil (+20 bp), and Mexico (+4 bp) have underperformed.

Also exempted from the ban are cases when a bank underwrites a securities offering, and for trading in U.S. government, state and local bonds.

When GEM is in bonds, investors would use either their local country's aggregate bond index or a currency - hedged version of the US Aggregate Bond Inbond index or a currency - hedged version of the US Aggregate Bond InBond Index.

In a bold move, Arab Jordan Investment Bank acquired the local business of HSBC Bank Middle East in Jordan, which raised $ 417 million in bonds for its clients in 2013, in January this yeaIn a bold move, Arab Jordan Investment Bank acquired the local business of HSBC Bank Middle East in Jordan, which raised $ 417 million in bonds for its clients in 2013, in January this yeain Jordan, which raised $ 417 million in bonds for its clients in 2013, in January this yeain bonds for its clients in 2013, in January this yeain 2013, in January this yeain January this year.

These bonds are usually exempt from federal taxes, and may also be exempt from state and local taxes, especially if the investor lives in the state where the bond is issued.

The statement highlights the signatories desire to see the growth of a strong Brazilian green bonds market, sets out specific actions conducive to achieving this and aims to foster discussion and future issuance of these bonds in the local market.

This report identifies the policy instruments at the disposal of local governments based on central government policy framework, and presents a few successful and replicable case studies and international experiences as reference for China's future development in promoting green bonds.

If a fund's investor is a resident in the state of issuance of the bonds held by the fund, interest dividends may also be exempt from state and local income taxes.

This will spurt other states from New Jersey to Illinois to ask for Super Chapter 9, and the result would be a disaster for millions of American retirees who are invested in state and local general obligation bonds.

Government bonds have typically been more sensitive to changes in U.S. interest rates, as they have a much higher proportion of foreign buyers and sellers from countries where local rates might be more stable or moving in the opposite direction.

We are currently focused on directional valuation opportunities in three primary areas of the global bond markets: developed - market currencies, US Treasuries and local - currency exposures in emerging markets.

This rise partly reversed earlier declines, which had reflected a number of factors: the expected negative impact of the Asian situation on the local economy, associated concerns about the possibility of global deflation, and the projected fall in the stock of bonds on issue reflecting the expected run of Budget surpluses and the proposed sale of the remainder of Telstra.

Global bond funds invest in a wide variety of bonds issued by various public and private entities around the world, including sovereign governments, international agencies, state and local authorities, and private corporations.