Sentences with phrase «issues bond debt»

The ECIDA serves only as a «pass through» when the agency issues bond debt.

Not exact matches

Russ Koesterich, BlackRock's chief investment strategist, recommended emerging market sovereign bonds because of the relatively low debt of the countries issuing them.
The debt issued Tuesday by the drugstore giant had gained $ 320 million by Wednesday morning in New York, according to Trace bond price data compiled by Bloomberg.
A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.
Property developer Peet hopes to raise up to $ 75 million through a bond issue to diversify its corporate debt structure.
Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next year.
In essence, if correct, this means there is less price risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred shares.
The office would also police debt markets and oversee institutional traders, high - frequency traders, new bond and equity issues and disclosure relationships between investment advisers and their clients.
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 practices.
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.
LGFV debt, however, has continued to rise with 4 trillion yuan ($ 605 billion) worth of LGFV bonds issued since 2015 still outstanding, equivalent to 5.4 percent of China's gross domestic product.
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.
A downgrade by a credit rating agency usually means investors will demand a higher interest rate when a company goes to raise cash by issuing bonds or other debt.
The high - grade bond market is springing back to life as corporations race to issue new debt and get out in front of a possible Fed interest rate hike.
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..)
September 2003 (188 kb PDF file): Research summaries on sovereign bonds and public debt management and on international trade; country study: Sweden; summaries of new study on deflation and recent book: Sweden's Welfare State; contents of latest issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF working papers; list of external publications by IMF staff.
New issues have a significant presence in the bond market as issuers are constantly entering the market to «roll» their existing debt as well as create new debt.
Those payments cover both the loan payment to the state and 90 percent of the annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.
debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions
According to Griesa (uniquely), this means that if any creditor or vulture fund refuses to participate in a debt writedown, no such agreement can be reached and the sovereign government can not pay any bondholders anywhere in the world, regardless of what foreign jurisdiction the bonds were issued under.
Debt covenants may soon become just another issue in the already long list if Valeant defaults on its bond indentures.
Second, the tax bill may do away with 2 specific types of municipal bond issues: tax - exempt advance refundings, which are tax - exempt bonds issued to refinance existing municipal debt, and private activity bonds, which are issued by non-government borrowers such as hospitals, airports, and private universities.
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.
The Barclays U.S. Aggregate Bond Index is a market value — weighted index of investment - grade fixed - rate debt issues, including government, corporate, asset - backed, and mortgage - backed securities, with maturities of one year or more.
The Barclays U.S. Intermediate Government Bond Index is a market value — weighted index of U.S. government fixed - rate debt issues with maturities between one and 10 years.
Against this backdrop, some investors are taking a look at convertible bonds, which are debt instruments issued by a company that can be converted into stock of the same company.
The iShares 10 - 20 Year Treasury Bond ETF tracks a market - weighted index of debt issued by the U.S. Treasury.
The iShares 20 + Year Treasury Bond ETF tracks a market - weighted index of debt issued by the US Treasury with remaining maturities of 20 years or more.
Oppenheimer, the large mutual fund company, also owned some of the bonds issued by Remington, but said it sold its debt holdings last year.
So while these «fallen angel» bonds have the potential to be intrinsically higher quality than debt originally issued at the junk or high - yield level, undue structural selling pressure from the downgrade can cause them to sell at a discount.
Entities in smaller markets typically issue foreign currency debt in offshore bond markets because they can issue larger, lower - rated and / or longer - maturity bonds than they can (at least at comparable prices) in their domestic market.
Investment - grade bonds represented by the Bloomberg Barclays investment - grade Index, consisting of publicly issued, fixed rate, non-convertible investment grade debt securities.
The risk in higher yielding junk bonds first and foremost is derived from fact that any company paying north of 5 % to issue debt has a high probability of never paying back the investors who by the debt.
We do not have to issue bonds (debt) to issue money.
Sure, you can devalue those claims through inflation, but only if the debt is in the form of long - maturity bonds (which is why the recent discussion of issuing 50 - 100 year Treasury bonds seems understandable but also a bit nefarious).
Although there is no indication yet that Aramco would want yuan for its oil, the Saudis said a couple of weeks ago that they would be willing to consider issuing yuan - denominated bonds, in what could be a break from the practice to issue debt only in U.S. dollars.
the initial sale of U.S. debt obligations and new issues, offered and purchased directly from the U.S. government at a face value set at auction; these securities are auctioned in a single - priced, Dutch auction; auctions are held with the following frequencies: Treasury bills with one - month (30 day), three - month (90 day), and six - month (180 day) maturities are auctioned weekly; treasury notes with two - and five - year maturities are auctioned monthly; Notes with three - year maturities are auctioned in February, May, August, and November; treasury bonds with 10 - year maturities are auctioned in February, May, August, and November.
Lower taxes would likely lead to larger deficits, which could require the Treasury to issue more debt, increasing the supply of government bonds on the market.
Beijing is working on fixes for internal debt issues, such as turning short - term bank debt into long - term bonds and redirecting credit to the private sector and households.
AXL also recently issued $ 200MM its 2019 bonds, which gives some indication that the company can get bond investors to refinance existing debt as needed.
There, she was part of the team that represented Champion REIT's manager for the first convertible bonds issue by a Hong Kong - listed REIT, which won the «Debt Market Deal of the Year» award at the 2007 ALB Hong Kong Law Awards.
-LRB-...) Demand for Spanish bonds is wilting fast, and Spain must issue billions more to cover its deficits and repay old debt coming due in October.
During this two - year crisis investors have continually called on the ECB and euro area leaders to «fix» the debt issue: by wiping out half of Greece's debt, by protecting Italy's access to debt markets through bond purchases, or by suggesting a levered EFSF, the euro area's rescue vehicle.
Its $ 46 billion corporate bond issue in January 2016 was hailed as the largest on record; large bond issues were easier to trade than small ones as banks shied from debt capital market in response to capital requirements.
It will buy $ 600 billion worth of US long - term bonds in the open market, close to 7 % of all Treasury securities in public hands, or about the amount the debt that the federal government will issue over that time period.
S&P ratings agency issued a statement reaffirming US Treasury bond AAA credit rating, but they issued a negative outlook which means there's a 1 in 3 chance of lowering the debt rating in the next 2 years.
Manama - based GIB Capital was lead bookrunner of a $ 1.5 billion sovereign bond issued by the government of Bahrain last October in the country's largest debt deal of 2013.
In particular, the New York - based bank is known for its expertise in the issuance of catastrophe bonds, Qualified School Construction Bonds in the US, and bonds issued to finance debt restructuring around the wbonds, Qualified School Construction Bonds in the US, and bonds issued to finance debt restructuring around the wBonds in the US, and bonds issued to finance debt restructuring around the wbonds issued to finance debt restructuring around the world.
As described in more detail in a recent article in the November RBA Bulletin, [6] Australian CDO issues are mostly backed by corporate debt, with corporate bonds and loans accounting for 57 per cent and 27 per cent respectively.
Among those it put on a negative credit watch in mid-July were some bond issues by Fannie Mae and Freddie Mac, a few insurance companies, 604 structured finance transactions that totaled $ 373 billion when issued and some municipal debt backed by the United States.
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