That changed in 1933, when his father, Ernest, was charged with attempting to siphon cash from the family's life insurance business to
make bond payments on the insolvent Stevens Hotel.
In In January of 1933, when Stevens was 12, Ernest Stevens (center) along with his father (to his right) and his brother, Raymond (to his left), were indicted on charges that they embezzled money from Illinois Life to
make bond payments on the Stevens hotel.
The state Constitution mandates that the government
make its bond payments and pension contributions.
Venezuela's state - owned oil company is struggling to
make bond payments, and could put US oil company Citgo up for sale to Russia's Rosneft.
When your finances allow it, you can
make the bond payment earlier in the month as interest is calculated daily and you will then save those days» interest payments.
Not exact matches
Even a debt - ceiling breach of a week or two during which the U.S. Treasury keeps
making principal and interest
payments to
bond holders might hurt the U.S.'s rating.
Credit risk refers to the possibility that the
bond issuer will not be able to
make principal and interest
payments.
In other words, it is the internal rate of return (IRR) of an investment in a
bond if the investor holds the
bond until maturity and if all
payments are
made as scheduled.
The Federal Reserve pumps money into the banking system by purchasing
bonds and, when the system breaks down,
makes enormous bailout
payments to cover the bad debts run up by banks and other institutions to mortgage borrowers, businesses and consumers.
Puerto Rico's power authority, which supplies electricity to the island's 3.6 million people,
made a $ 415 million debt
payment that was due Wednesday after reaching a deal with its
bond insurers to borrow more money.
You could potentially lose money in your
bond fund depending on interest rate movements around the time you actually need to
make your
payments.
Typically they
make periodic dividend
payments based on the interest paid by the
bonds held in the fund.
a
bond where no periodic interest
payments are
made; the investor purchases the
bond at a discounted price and receives one
payment at maturity that usually includes interest; they have higher price volatility than coupon
bonds as a result of interest rate changes
Although
bonds generally present less short - term risk and volatility than stocks,
bonds do contain interest rate risk (as interest rates rise,
bond prices usually fall, and vice versa) and the risk of default, or the risk that an issuer will be unable to
make income or principal
payments.
(The
bonds that funds own each carry the risk of default if the issuer is unable to
make further income or principal
payments.)
If a
bond issuer fails to
make either a coupon or principal
payment when they are due, or fails to meet some other provision of the
bond indenture, it is said to be in default.
These firms base their ratings on the
bond issuer's financial health and likely ability to
make interest
payments and return the bondholders» principal.
Their opinions of that creditworthiness — in other words, the issuer's financial ability to
make interest
payments and repay the loan in full at maturity — is what determines the
bond's rating and also affects the yield the issuer must pay to entice investors.
Bonds are subject to the risk that an issuer will fail to
make payments on time and that
bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to
make payments.
AGI excludes certain types of income received (e.g., municipal
bond interest, most Social Security income) or
payments made (e.g., alimony paid, IRA deductions, moving expenses).
Many
make periodic dividend
payments based on the interest paid by the
bonds held in the fund.
A
bond indenture
makes two primary promises: to
make generally fixed semi-annual interest
payments and to redeem the
bond at par value on maturity date.
In the event that a company can not continue in business or
make payments,
bond investors are paid before stock investors.
Plenty of investment - grade credit
bonds suspended coupon
payments in the Depression, transiting directly from A to D rating without even
making a pit stop at a C junk rating.
Our rigorous risk - management process monitors the ability of
bond issuers to
make timely
payments of interest and principal.
It sold stock in the company to the public, with
payment to be
made in government
bonds.
Bonds and
bond funds are typically classified by a credit rating which offers insight on their capital structure and ability to
make timely
payments.
If
bonds are also insured as to the timely
payment of principal and interest, no representation is
made as to the insurer's ability to meet its commitments
Bond funds are subject to interest rate risk, which is the chance bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to make such payments will cause the price of that bond to decl
Bond funds are subject to interest rate risk, which is the chance
bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to make such payments will cause the price of that bond to decl
bond prices overall will decline because of rising interest rates, and credit risk, which is the chance a
bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to make such payments will cause the price of that bond to decl
bond issuer will fail to pay interest and principal in a timely manner or that negative perceptions of the issuer's ability to
make such
payments will cause the price of that
bond to decl
bond to decline.
If the company can't
make those
payments, it won't go into default like it would for a missed
bond payment.
Funds that are used to
make payments on loans, for example, are therefore not being invested in stocks or
bonds which offer the potential for investment income.
The insurance companies have promised to
make timely interest and principal
payments on any
bonds covered by insurance if Puerto Rico defaults, said Rob Williams, director of income planning at the Schwab Center for Financial Research.
That wouldn't be the first time the island has missed a
payment — as in August the small U.S. territory failed to
make a $ 58 million
payment on its Public Finance Corporation
bonds — but it would mark the largest loan it has missed a
payment on so far.
sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the
bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what
makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a
payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)
That's different than Onondaga County, he said, because the county will use money funneled from Turning Stone casino through the state to
make the annual $ 2.4 million
bond payments.
If the Treasury isn't able to
make coupon
payments, or pay for maturing
bond / notes / bills they are in default.
As far as county legislators being cut out of the decision -
making process regarding the acceptance of the $ 17 million
payment from the hospital, Poloncarz said it wasn't until after the Legislature agreed to allow the borrowing to go through that he learned that the county could accept the
payment from ECMC without the Legislature's consent, based on the language of the
bond resolution the Legislature passed.
Day has cut spending quite a bit and kept taxes stable even as the county
made payments on a $ 96 million deficit
bond needed to attack the deficit.
Bonds would force states to
make regular
payments, and, in theory, they offer the state a way to reduce their obligations.
Lawmakers have kicked the can down the road for years by failing to
make required
payments that school districts both need and deserve, so now taxpayers will be on the hook for at least $ 1.5 billion (yes that is billion) in bank fees and interest on the
bonds over the next 20 years.
Finally, the Fiscal Code authorizes the state to issue $ 2.5 billion (yes that is billion) in
bonds in order to
make construction reimbursement
payments that the state owes to school districts through the PlanCon program.
The law not only required the state to
make any and all necessary
payments for the next 25 years, but that requirement was
made iron - clad when the language was added to the
bond covenants the accompanied the
bonds when they were sold to Wall Street investors.
Corporate
bonds have maturity dates ranging from one day to 40 years or more and generally
make fixed interest
payments every six months.
Bonds pay a regular coupon
payment which
makes them ideal as an income source.
What it means: This yield measure represents the weighted average YTM of the
bonds in the fund as of a date, assuming that the
bonds will be held to maturity and that all coupon
payments and the final principal
payment will be
made on schedule.
Credit risk is the risk that the
bonds that you invest in will default and will fail to
make their scheduled coupon or maturity
payments.
Clearing members holding open positions in E-Mini Standard and Poor's MidCap 400 Stock Price Index futures contracts at the time of termination of trading in that contract shall
make payment to or receive
payment from the Clearing House in accordance with normal variation performance
bond procedures based on a settlement price equal to the final settlement price.
When an issuer calls its
bonds, it pays investors the call price (usually the face value of the
bonds) together with accrued interest to date and, at that point, stops
making interest
payments.
Between the issue date and maturity date, the
bond issuer will
make coupon
payments to the bondholder.
Though yield to maturity represents an annualized rate of return on a
bond, coupon
payments are often
made on a semiannual basis, so YTM is often calculated on a six - month basis as well.