reimburse all refinancing fees to any state municipal issuers who
issued auction rate securities in the initial primary market between August 1, 2007 and February 11, 2008, who refinanced those securities after February 11, 2008; and
Reimburse all refinancing fees to municipal issuers who
issued auction rate securities through JP Morgan since August 1, 2007, and who refinanced those securities after the market failed;
Reimburse all refinancing fees to municipal issuers who
issued auction rate securities through Wachovia since August 1, 2007, and who refinanced those securities after the market failed.
Not exact matches
Announcement of
auction results - The weighted average award
rate and total amount lent for each
issue will be released in a timely manner after the
auction is complete.
New
issues of short - term Treasury bills have been
issued with a zero interest
rate (though the most recent
auction produced mildly positive interest
rates).
A
rating agency could downgrade the credit
rating on an ARS
issue, thus making the shares less liquid at an
auction or outside of
auction.
Due to recent liquidity
issues, certain of the
auction rate securities MEMS holds have failed at
auction, meaning that the amount of securities submitted for sale at
auction exceeded the amount of purchase orders.
The Weekly 6 - Month T - Bill (
Auction High) is the discount rate for the 26 - week Treasury Bill bought at original issue, at the most recent auction of U.S. Treasury
Auction High) is the discount
rate for the 26 - week Treasury Bill bought at original
issue, at the most recent
auction of U.S. Treasury
auction of U.S. Treasury bills.
3) The
auction rate structure seems to give the best of both worlds: long term financing at short
rates, without having to formally
issue a floater.
Once the
auction occurs, the
rates are calculated by adding several percentage points to the 10 - year treasury note yield, to cover the «administrative costs» of
issuing the loans, according to the 2013 legislation that enacted this system.
If someone said to me «we're going to
issue a variable
rate bond where the
rate is set each week in an
auction then we're going to sell you a floating for fixed swap and you are essentially going to pay a fixed
rate».
Investors holding
auction -
rate bonds
issued by municipalities, schools and others will have to wait for «natural buyers» to return to the market before
auctions return to normal, Mr. Hoekstra said.
Today I heard Citigroup had at least two
issues within my home state of Maryland where the
auction rate was 10 %.
[Update: However, since the IRA was using incendiary, divisive, eye - drawing content about polarizing
issues, it likely was able to squeeze more impressions and engagment out of each dollar of spend than Trump and Clinton's ads driving awareness for the candidates That's because Facebook's ad
auction system preferences engaging ads by providing lower
rates.