Sentences with phrase «obligation bond rating»

Notably, in June 2012, Standard and Poor's Ratings Services lowered the county's long - term general obligation bond rating to «BBB - «from «BBB +» and rated the management practices as «vulnerable» based on overly optimistic budgeting.

That very same day, Skelos praised Cuomo's «leadership,» following Moody's announcement that it had raised New York's general obligation bond rating to its highest level since the fiscal crisis of the mid-1970s, lauding the governor for working with the Legislature to move the state «in the right direction.»

O'Reilly on Twitter Monday called Senate GOP Leader Dean Skelos a «prison punk» after the Long Island Republican provided a congratulatory quote on a press release from Gov. Andrew Cuomo on the historic improvement of the state's general obligation bond rating.

Moody's Investors Service downgraded Cook County's general obligation bond rating to A1 from Aa3 due to the county's «growing pension liability.»

Not exact matches

Bond rating services now warn the U.S. to get its books in order or face potential downgrades, which would make financing its obligations more costly.

NexPoint Strategic Opportunities Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans, bonds, debt obligations, mortgage backed and asset backed securities, collateralized debt obligations and equities.

NexPoint Strategic Opportunity Fund (NHF) is a closed end fund that seeks current income with capital appreciation through investment in floating and fixed rate loans, bonds, debt obligations, mortgage backed and asset backed securities, collateralized debt obligations and equities.

a municipal bond that is secured by an escrow fund; the escrow fund comes from the issuer floating a second bond issue and using the proceeds from that second bond issue to purchase government obligations, typically U.S. Treasuries, proceeds from the second bond issue create an escrow fund to mature at the first call date of the first bond issue to pre-refund that issue; bond issuers will typically do this during times of lower interest rates to lower their interest costs

That's the same setup that enabled bond issuers and mortgage obligation repackagers to receive jacked - up credit ratings in the run - up to the Great Recession.

According to the statute's own language, it was designed with the «purpose of reducing the need for future tax increases, maintaining the highest possible bond rating, reducing the need for short term borrowing, providing available resources to meet State obligations whenever casual deficits or failures in revenue occur, and providing the means of addressing budgetary shortfalls.»

Ratings are simply the rating company's opinion of whether or not the bond's issuer will be able to meet its ongoing obligations.

In February 2014, rating agencies downgraded Puerto Rico's general obligation debt and some related bonds below investment grade, with further downgrades possible.

Credit ratings are published rankings based on detailed financial analyses by a credit bureau specifically as it relates the bond issue's ability to meet debt obligations.

It depends on the interest rate of the United States Treasury bond, which is considered the «risk - free» rate because Congress can always tax people or print money to wipe out those obligations (each has its problems, but the theory here is sound).

The state's agreement to pay off Hartford's $ 550 million in general obligation debt has prompted a dramatic upgrade in the city's bond rating and a shift to a stable outlook.

The recent ratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becominratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becominRatings have placed the State of Illinois general obligation bonds on the edge of becoming junk.

Illinois postponed a sale of $ 500 million of general obligation bonds on Jan. 30 after a ratings downgrade increased the cost of financing.

In December of 1972 the vote went against the Park District's referendum to issue $ 2,550,000 in general obligation bonds for park improvement and development including the construction of a fieldhouse at Dryden Park, land acquisition, the construction of a north side maintenance garage, and the construction of an indoor ice rink complex along with increasing the corporate tax rate by.025 %.

Moody «s Investors Service Inc. confirmed the double - A rating assigned to Metropolitan Water Reclamation District of Greater Chicago general obligation bonds in connection with the district «s offering of $ 200 million of capital improvement bonds, series of June 1991.

Naperville Park District commissioners are considering the district's financial future, including the possibility that, with interest rates falling, the district might be able to refinance general obligation bonds at a lower interest rate.

It has a permanent tax base, so in theory it can time - shift its debt obligations indefinitely - without even reducing the bond - rating by simply shifting the ratio of revenue spent on debt servicing versus every other obligation.

While the change doesn't mean the actual rating has improved, it does mean that, with a better outlook, investors buying state general obligation bonds can do so with a bit more confidence.

If the film were described as a tutorial on MBS (Mortgage - backed Securities), CDO (Collateralized Debt Obligations), Credit Default Swaps, Tranches, Bond Ratings, and Sub-Prime ARMs, most people's eyes would glaze over and they would keep skimming for showtimes of other new movie releases.

Each project, at the time of its application for assistance, is required to furnish a preliminary rating opinion letter from one of the bond rating agencies identified by the Securities and Exchange Commission as a «Nationally Recognized Statistical Rating Organization,» indicating that the project's senior debt obligations have the potential to achieve an investment - grade bond rrating opinion letter from one of the bond rating agencies identified by the Securities and Exchange Commission as a «Nationally Recognized Statistical Rating Organization,» indicating that the project's senior debt obligations have the potential to achieve an investment - grade bond rrating agencies identified by the Securities and Exchange Commission as a «Nationally Recognized Statistical Rating Organization,» indicating that the project's senior debt obligations have the potential to achieve an investment - grade bond rRating Organization,» indicating that the project's senior debt obligations have the potential to achieve an investment - grade bond ratingrating.

It may invest in specific types of municipal obligations, including tax - exempt zero - coupon securities, auction rate securities and floating - and variable - rate bonds.

Overall, general obligation bonds have underperformed revenue bonds over the last five years of low rates.

Maintenance call Maloney Act of 1938 Management fee Manipulation Margin Margin account Margin Agreement Margin call Markdown Market maker Market order Market price Marking to market Markup Matching orders Maturity class of option Maturity date MBIA Member order Merger MIG ratings Mil Minimum maintenance Minimum - maximum underwriting Minor Minor Rule Violation Plan Letter Money market account Money market fund Money purchase plan Money spread Money purchase plans Moral obligation bond Moral suasion Mortality risk Mortgage - backed security Mortgage bond MSRB Municipal Underwriting Munifacts Mutual fund

An insurer's credit rating, similar to a bond's rating measures their financial strength and ability to meet future obligations.

The U.S. territory also is grappling with $ 70 billion in debt, ratings firms have downgraded its bonds to one notch above junk and investors fear it could default on its obligations.

the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)

a municipal bond that is secured by an escrow fund; the escrow fund comes from the issuer floating a second bond issue and using the proceeds from that second bond issue to purchase government obligations, typically U.S. Treasuries, proceeds from the second bond issue create an escrow fund to mature at the first call date of the first bond issue to pre-refund that issue; bond issuers will typically do this during times of lower interest rates to lower their interest costs

The recent ratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becominratings downgrades by both Moody's and S&P Global Ratings have placed the State of Illinois general obligation bonds on the edge of becominRatings have placed the State of Illinois general obligation bonds on the edge of becoming junk.

In the first row, the State of Nevada general obligation bonds are offering a coupon rate of 5 % with a maturity in May of 2028.

Bonds and other debt obligations are affected by changes in interest rates, inflation risk and the creditworthiness of their issuers.

Many factors affect the value, or price, of a particular bond, but the two big influences are 1) future inflation expectations (as reflected in general interest rates) and 2) the risk of Corp A «defaulting» — not meeting its obligation to make each year the $ 50 interest payment and, eventually, repaying the $ 1,000 bond principal.

The Fund seeks to achieve this by investing primarily in the following categories of securities and instruments of corporations and other business entities: (i) secured and unsecured floating and fixed rate loans; (ii) bonds and other debt obligations; (iii) debt obligations of stressed, distressed and bankrupt issuers; (iv) structured products, including but not limited to, mortgage - backed and other asset - backed securities and collateralized debt obligations; (v) equities; (vi) other investment companies, including business development companies; and (vii) real estate investment trusts.

The credit ratings are published rankings based on detailed financial analyses by a credit bureau specifically as it relates to the bond issue «rs ability to meet debt obligations.

Finally, think of the variable rate demand note (obligation / bond) market (Hi, Liz, another good article!).

In February 2014, rating agencies downgraded Puerto Rico's general obligation debt and some related bonds below investment grade, with further downgrades possible.

Lower rated bonds, convertible securities and other types of debt obligations involve greater risks than higher rated bonds.

The Index tracks general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds rated Baa3 / BBB - or higher by at least two of the ratings agencies: Moody's, S&P, Fitch.

The Index tracks general obligation, revenue, insured and pre-refunded bonds with a minimum credit rating of Baa by Moody's.

The index tracks general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds rated Baa3 / BBB - or higher by at least two of the ratings agencies: Moody's, S&P, Fitch.

The risk for bond investors that the issuer will default on its obligation (default risk) or that the bond value will decline and / or that the bond price performance will compare unfavorably to other bonds against which the investment is compared due either to perceived increase in the risk that an issuer will default (credit spread risk) or that a company's credit rating will be lowered (downgrade risk).

The taxes are not necessarily unlimited as to rate or amount, so while all general obligation bonds are tax backed, not all tax - backed bonds are general obligations.

Bonds and other debt obligations, fixed - rate capital securities and preferred stock that are considered senior to common stock within an entity's capitalization structure and therefore have a higher priority to repayment than another bond's claim to the same class of assets.

To assist in the evaluation of an issuer's creditworthiness, ratings agencies, such as Moody's Investors Service and Standard & Poor's analyze a bond issuer's ability to meet its debt obligations, and issue ratings from «Aaa» or «AAA» for the most creditworthy issuers to «Ca», «C»,»D», «DDD», «DD» or»D» for those in default.

If the issuer of a bond does not default on its bond obligations, but makes other financial mistakes that lower the issuer's credit rating, the value of the bonds likely drops.

The fund may invest in fixed -, variable - or floating - rate bonds of any kind, including, government and agency bonds, corporate bonds, commercial and residential mortgage - backed securities, collateralized mortgage obligations, asset - backed securities, hybrid securities, and preferred securities.