Sentences with phrase «issuance of the bonds held»

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.

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.

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.

Not exact matches

Treasury bill and bond issuance are ramping up at a time when the Fed is reducing its reinvestment of maturing bond holdings.

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.

CHRAJ in its report had stated that on the basis of the evidence available to the Commission, it has come to the conclusion and therefore holds that, the allegations by the complainant that the respondent has contravened Article 284 of the 1992 Constitution by putting himself in a conflict of interest situation in relation to the issuance of the 5 - year, 7 - year, 10 - year and 15 - year bonds, have not been substantiated.

If all expectations and estimates hold, the town of Indian Lake will be needing to cover an expected $ 220,000 outstanding balance through the issuance of 30 - year serial bonds.

A public meeting will be held on October 20, 2015, at 6:00 p.m., at the District Offices of Park City School District, located at 2700 Kearns Blvd., Park City, Utah, to allow interested parties, within reasonable time limits, the opportunity present oral testimony regarding the issuance of the Bonds.

Treasury bill and bond issuance are ramping up at a time when the Fed is reducing its reinvestment of maturing bond holdings.

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.

Those with long - term investment horizons can benefit by gaining exposure to bond strategies that allocate to countries on the basis of debt - servicing economic resources rather than debt issuance, effectively raising the relative credit quality of holdings.

The advantage of a semi-annual interest payment is also more attractive to some investors, not to mention the fact that the yield at maturity is known at the time of purchase (if the bond is held until maturity and rates determined at the time of issuance).

Davis Polk is advising Zhongsheng Group Holdings Limited in connection with its repurchase of HK$ 2.35 billion zero coupon convertible bonds due 2018 and the issuance of HK$ 3.925 billion zero coupon convertible bonds due 2023.