Sentences with phrase «issue bonds for»

The state is requiring Faraday to put up as much as $ 75 million as collateral before Nevada begins to issue bonds for infrastructure projects it has pledged around the 3 - million - square - foot site.

The popular perception is that governments issue bonds for similar reasons but why bother when they can just print the money?

Economic because obtaining loans at low interest rates or approval to issue bonds for construction is hampered by the realistic view of the level of legal battle the construction would entail.

Federal, state, and municipal governments issue bonds for a similar purpose, to raise money for projects and public programs.

The Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corp. (Freddie Mac) issue bonds for specific purposes, mostly related to funding home purchases.

When a business or government needs a loan bigger than a bank provides, they issue bonds for purchase to raise funds.

Since taking office in 2011, Cuomo has increasingly used authorities to issue bonds for various state projects.

By Sean Ryan A state law change that lets counties issue bonds for construction is letting developers sidestep rules tied to city of Milwaukee project support.

ALBANY — The New York State Thruway Authority voted to provide $ 750 million in a one - time cash windfall to keep construction of the Tappan Zee Bridge replacement going for another year, avoiding the need to issue bonds for the ongoing, $ 3.9 billion project in 2015.

Though there is no legal requirement that the state approve an employee separation program, Town Supervisor Bill Wilkinson has maintained that the ability to borrow the money for its cost was crucial, and said the Legislature's failure last year to approve the town's request to issue bonds for it prevented it from moving forward.

No need to issue bonds for infrastructure.

According to J.P. Morgan, in December and January, China announced tax benefits on interest income for railway bondholders, issued bonds for railway projects, and injected cash into the two largest train makers.

Craig Talsma, director of finance and business for the Park District, said making one issue bond for three years at the current interest rates will offer a savings of between $ 40,000 and $ 60,000.

During Tuesday's Town Board work session, Mr. Cushman recommended issuing bonds for the other $ 10 million this August to take advantage of a low interest rate.

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.

Skahen said the county initially agreed to pay all of the rent for the office because the city at the time did not have its own local development corporation to raise money by issuing bonds for nonprofit groups.

Centrais Elétricas de Sergipe S.A. (CELSE) has successfully issued bonds for approx.

Nevada's state treasurer Dan Schwartz told Reuters a $ 75 million performance bond required from Faraday before the state issued bonds for infrastructure development at the factory site has not materialized.

Though the company would like to raise the full $ 25 million from investors, he says, it could issue a bond for less than that total just to get it out the door.»

Not exact matches

The third - party certification and disclosure processes for these bonds are not cost free and create an added level of bureaucracy that does not exist with regular bond issues.

With revenues from the band's winery, golf course, luxury hotel and other ventures as collateral, it can now issue bonds just like municipal, provincial or federal governments — a first in Canada for a native band.

Tighter regulation on bond markets has crimped appetite for bonds in the region, he said, noting that subscriptions for three government bonds issued at the end of last year lagged expectations.

For bonds this means issues that are not at risk of defaulting on a payment; for stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bFor bonds this means issues that are not at risk of defaulting on a payment; for stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bfor stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bad.

For ratings issued on a program, series or category / class of debt, this announcement provides relevant regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category / class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practicFor ratings issued on a program, series or category / class of debt, this announcement provides relevant regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category / class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practicfor which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices.

«The pricing and performance of the new issues this week indicates the demand for bonds has remained strong despite the broader market weakness,» Yuriy Shchuchinov, credit strategist at BofAML, said in a note to clients.

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 the past year, Canadian securities regulators have raised the bar for exempt - market dealers, requiring them to be registered and bonded, issue an offering memorandum with every deal and provide audited financial statements to investors annually, says Sand, who supports this new layer of assurance.

For example, the American Museum of Natural History issued some $ 78 million in bonds through the Trust for Cultural Resources in New York CiFor example, the American Museum of Natural History issued some $ 78 million in bonds through the Trust for Cultural Resources in New York Cifor Cultural Resources in New York City.

Bonds get their «tax - free» status because the money raised by the bond issue is usually for a «public good or service» such as schools or roads.

Conveniently, all three of these projections are for 10 - year bonds issued by the federal government, allowing for an apples - to - apples comparison.

a government, corporation, municipality, or agency that has issued a security (e.g., a bond) in order to raise capital or to repay other debt; the issuer goes to an underwriter to get their securities sold in the new issue market; for certificates of deposit (CDs), this is the bank that has issued the CD; in the case of fixed income securities, the issuer of the security is the primary determinant of the security's characteristics (e.g., coupon interest rate, maturity, call features, etc..)

One reason for looking at junk bonds is that the firms that issue junk bonds are closer on the risk continuum to a large mass of firms that are too small and too weak to issue bonds at all, and that rely on banks or the informal capital market for funds.

Those bonds were contingent convertible bonds issued for capital purposes, and Lloyds had a right to call them if, due to ever - shifting capital rules, they became not good capital.

[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.

Bonds issued to finance things like stadiums, replenishment of a municipality's underfunded pension plan, or investor - led housing are a few examples of issues that would not qualify for federal tax exemption.

Fidelity makes it easy for you to view and select from our large inventory of new issue and secondary market bonds and CDs to meet your needs.

Like most US bond funds, SHYL does nt consider issuer domicileit simply screens for bonds that are issued and traded in US dollars.

For instance, Mishkin (2012:1 and 24) explains that «in our economy, nonbank finance also plays an important role in channeling funds from lender - savers to borrower - spenders... Finance companies raise funds by issuing commercial paper and stocks and bonds and use the proceeds to make loans that are particularly suited to consumer and business needs.»

Many small - and medium - size banks are increasingly raising money for loans, bond purchases and other investments by issuing wealth management products, and even some largely unregulated companies have begun issuing wealth management products.

Senior Portfolio Manager RJ Gallo provides his take on tax reform and key issues for muni bonds in 2018.

Geithner and Obama lobbied the IMF and ECB shamelessly to bail out Greece, simply so that it could pay bondholders, because U.S. banks had issued credit default insurance (CDS) against Greek bonds and were on the hook for a big loss if a default occurred.

Future generations should help pay for them and that's why governments today should be issuing 10, 30, or even 50 year bonds at currently ridiculously low interest rates to finance needed infrastructure.

The bill would also allow state and local governments to issue Build America Bonds that provide a direct payment from the federal government for a part of the interest paid on bonds that finance government works projBonds that provide a direct payment from the federal government for a part of the interest paid on bonds that finance government works projbonds that finance government works projects.

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 issued.

We assumed that in each period a 30 - year bond is issued at prevailing interest rates (long - term government bond plus 1 %) and that amount is invested for the next 30 years in a portfolio of large - cap stocks while paying off the bond as an amortized loan (as if it were a mortgage).

Another way to facilitate green investments is for rich governments to buy down interest rates, which makes it more attractive to issue green bonds.

With funds managers holding about 15 - 20 per cent of assets in domestic bonds, the change in the composition of household assets has translated into higher demand for bonds — a demand which is no longer being met by government issues.

If the situation deteriorates for a given issue, history has shown there is often a window of time when it is not particularly painful to switch out to a practically identical bond, with much better interest coverage, for nominal costs.

These days, they prefer to hold more profitable assets and earn fee income by arranging bond issues for companies.

Each week a limited number of new issue corporate bonds are available for purchase at par, in minimum denominations of $ 1,000, without additional trading concessions.