His argument is that given the challenges facing
large bond issues, you really want a fund that can benefit from small bond issues.
The municipal bond market has absorbed
large bond issues in the past.
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.
Not exact matches
Since 2007, Canada's
largest banks have enthusiastically
issued something called covered
bonds, which are backed by residential mortgages.
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.
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.
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.
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.
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).
Oppenheimer, the
large mutual fund company, also owned some of the
bonds issued by Remington, but said it sold its debt holdings last year.
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.
At the same time, some 70 per cent of government -
issued bonds are yielding 1 per cent or less, and when you combine the equity /
bond value of the 15
largest global markets they've never been more expensive.
«Foreign purchases of provincial
bonds were the
largest in a year at $ 3.5 - billion, mainly new
issues denominated in U.S. dollars.»
Each month, Palhares and Richardson sorted corporate
bonds into quintiles based on each liquidity measure and computed the return of a long / short portfolio that buys the least liquid
bonds (i.e., smaller
issue sizes, higher bid / ask spreads, lower trading volume, higher price impact or higher frequency of zero - trading days) and sells the most liquid
bonds (i.e.,
larger issue sizes, smaller bid / ask spreads, higher trading volume, lower price impact or lower frequency of zero - trading days).
They note, for example, that the size of
large trades of US investment grade corporate
bonds (so - called «block trades») has continuously declined in recent years.6 Furthermore, in most corporate
bond markets, trading appears to be highly concentrated in just a few liquid
issues, and concentration appears to be increasing in some market segments.
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.
He has also driven many financing deals, including financing for the acquisition of ARM Holdings Plc. (world's
largest chip architecture developer),
issuing mandatory exchangeable
bonds backed by Alibaba Group Holding Limited (
largest e-commerce company in the world), hybrid
bonds, and more.
Ontario has successfully
issued the
largest green
bond in Canadian history, raising $ 1 billion for infrastructure projects in communities across the province that will help reduce greenhouse gas emissions and fight climate change.
As Rosenbluth noted, HYDB allocates more of its roster to B - rated
bonds and less to CCC - rated
issues than do the two
largest, traditional junk
bond ETFs.
Brings experience in the municipal
bond market, providing deep credit research and access to a
large number of
bond issues
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.
Australian non-government entities
issued a record $ 44 billion of
bonds in the March quarter, with financial institutions and asset - backed vehicles both
issuing large amounts, particularly in offshore markets (Table 14).
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.
HSBC raised $ 30.9 billion for its clients in 175
bond issues last year in the UK, including several
large British sovereign
bonds.
Bonds are normally
issued by companies or governments when they are in need for a
large amount of funds.
The step - up note also called a step - up
bond I'm looking at is
issued by a
large financial investment bank and is rated A3.
The offering, which was sold as a private placement, was the
largest dollar - denominated corporate
bond sale since Roche Holding
issued $ 16.5 billion of debt in February 2009.
One of the
largest international
bond ETFs is the $ 5.3 billion iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB B - 58), which tracks U.S. dollar - denominated debt issued in emerging mark
bond ETFs is the $ 5.3 billion iShares J.P. Morgan USD Emerging Markets
Bond ETF (EMB B - 58), which tracks U.S. dollar - denominated debt issued in emerging mark
Bond ETF (EMB B - 58), which tracks U.S. dollar - denominated debt
issued in emerging markets.
To act with the scale of ambition required, the independent Early Intervention Foundation will work with the city to
issue bonds: # 100 million in the first instance, with
larger offers to institutional investors to follow.
The initial cost of renationalising the franchised network can in
large part be offset by the
issuing of
bonds.
HSBC declined to participate because its
larger customer deposits means it would lose money by taking part in credit easing, which involves a government guarantee on
bonds issued on wholesale funding markets.
The authority uses its ability to
issue tax - exempt
bonds and leverage
larger purchases from vendors to lower costs.
St. Lawrence wanted to
issue large bonds to secure funding for a new ballpark but a referendum from voters opposed the idea.
The blame for this can often go as much to local press as to citizens themselves, but thanks to Gotham Gazette, an online source for what's happening in the world of NYC government, citizens of the nation's
largest metropolis will have to to blame something other than the media if they can't name their borough president or the nuances of the latest
bond issue.»
Alabama lawmakers have approved a $ 310 - million education -
bond issue, the
largest in the state's history.
Schwarzenegger had built consensus in a fractured legislature on such difficult
issues as workers» compensation, prison reform, and the
largest package of public - works
bonds in the nation's history.
While Illinois's finances certainly are in real trouble,
issuing the
largest public
bond in history may do more harm than good.
Three of the state's
largest public education advocacy groups are leading opposition to legislation that would greatly restrict the use of long - term
bond issues by school districts.
In 1996, Los Angeles voters approved the
largest - ever
bond issue for school construction in a single district - $ 2.4 billion.
They reviewed a study by the Local Initiatives Support Corporation (LISC), the
largest national community development nonprofit, which has analyzed every rated and unrated charter school
bond issued from 1998 - 2011.
These
bonds are typically
issued by
larger entities such as governments, financials, and
larger industrials.
For example, a
bond issued by a
large, financially healthy company typically trades at a relatively low spread in relation to U.S. Treasuries.
His point was that in the
bond market, since a
large proportion of the dollar value of transactions came from new
issues, those deals in the primary markets were a good indication of where trades should go on in the secondary market for similar pieces of paper.
Trills, being perpetual
bonds with a growing coupon, are longer than any fixed income instrument that I have ever seen, so if they were
issued in
large amounts, who knows what the initial yields would be?
Corporate
bonds are
issued by companies and although the companies can be small or
large, most corporate
bonds are
issued by the
larger companies.
As
large owners of land, power plants, power lines and equipment, many utility companies
issue first mortgage
bonds for securing loans at a lower cost than unsecured
bonds.
Depending on the length of time until maturity, zero - coupon
bonds can be
issued at very
large discounts to par, sometimes 20 % or more.
Ideally, you want to choose a combination of low - cost funds that will give you exposure to stocks of all types and styles (domestic, foreign,
large, small, growth and value) as well as
bond funds that track the broad investment - grade
bond market (government and corporate
issues in a range of maturities).
Market size: U.S. corporate
bonds that are index eligible tend to be very
large issues.
Komodo
bonds, rupiah - denominated global
bonds issued in Indonesia, «The Komodo dragon is a very
large species of lizards found in eastern Indonesia.»