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 w
bonds, Qualified School Construction
Bonds in the US, and bonds issued to finance debt restructuring around the w
Bonds in the US, and
bonds issued to finance debt restructuring around the w
bonds 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.