Sentences with phrase «obligation bonds as»

States have used pension obligation bonds as a way to escape temporary budget problems, but the basic problems resurface if the state isn't disciplined enough to continue making pension contributions.

Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.

Not exact matches

Prices of the riskiest portions of collateralized loan obligations (CLOs) have fallen 50 % as of the end mid-December since mid-year, and are now trading at $ 0.25 for every dollar that investors have put in the structured bonds.

In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

Debt securities include government and corporate bonds, certificates of deposit (CDs), promissory notes, debentures, preferred stock and collateralized securities (such as collateralized debt obligation (CDOs) and collateralized mortgage obligation (CMOs)-RRB-.

Also called «munis» for short, municipal bonds are debt obligations issued by a state, municipality, or a county to finance its capital expenditures, such as construction of highways, schools, hospitals, and...

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.

The unit, the chief investment office (CIO), has been the biggest buyer of European mortgage - backed bonds and other complex debt securities such as collateralized loan obligations in all markets for more than three years... The unit made a deliberate move out of safer assets such as US Treasuries in 2009 in an effort to increase returns and diversify investments.»

Interest from U.S. government obligations such as U.S. savings bonds is exempt, as is active duty pay from the National Guard or U.S. armed forces.

The debt was structured as a moral obligation bond in which the state promises to pay back the principal plus interest, but is not legally required to do so.

But even before they had freed themselves from the bonds of English society they had undertaken an «Agreement» in Cambridge, England, the year before and bound themselves to a new covenant with obligations both to God and one another.16 The «Agreement» of the Massachusetts Bay Colony was a beginning that contained its own principle, just as, as we have seen, the acts establishing the new republic did.

CRETE — As part of his campaign against issuing general obligation bonds without voter approval, Crete resident Richard Blievernicht spoke out against two bond proposals at recent local public hearings.

The PIT bonds obligation may magically disappear as well.

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.

Rachel sees through Greg's sudden interest in her as the obligation it is, but despite this they manage to forge a bond.

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.

(3) Moneys in the REHABILITATION Facilities Insurance Fund not needed for the current operations of the REHABILITATION Services Administration with respect to mortgages insured under this section shall be deposited with the Treasurer of the United States to the credit of such fund, or invested in bonds or other obligations of, or in bonds or other obligations guaranteed as to principal and interest by, the United States.

Each borrower under a direct loan agreement executes a bond or note, as applicable, evidencing the obligation to repay the loan.

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 rating.

A corporate bond also comes with the risk that the company will not make good on its obligations, known as credit risk.

Insurance policies are high credit quality obligations, they don't vary as much as bonds that are risky.

These types of obligations are commonly referred to as fixed - income securities or bonds and may include foreign bonds.

If your mutual fund invests in municipal bonds or other state and local government obligations, some or all its distributions will be treated as exempt interest.

Glass - Steagall Act of 1939: The federal law that prohibited banks from acting as dealers or underwriters in any securities other than general obligation municipal bonds.

Bond Index: An index of 20 high quality, general obligation municipal bonds, also known as the 20 Bond Index.

General obligation bonds tracked in the S&P Municipal Bond Illinois G.O. Index have also seen volatility as they have recovered by returning 8.34 % so far.

Obligations issued by the US government such as Treasury bills, US savings bonds and US agency obligations are known as direct US government oObligations issued by the US government such as Treasury bills, US savings bonds and US agency obligations are known as direct US government oobligations are known as direct US government obligationsobligations.

As long as all due payments have been made, the issuer has no further obligations to the bond holders after the maturity datAs long as all due payments have been made, the issuer has no further obligations to the bond holders after the maturity datas all due payments have been made, the issuer has no further obligations to the bond holders after the maturity date.

Lipper classifications for the Baird funds are as follows: Ultra Short Bond Fund is Lipper Ultra Short Obligations Funds; Short - Term Bond Fund is Lipper Short Investment Grade Debt Funds; Intermediate Term Bond Fund is Lipper Core Bond Funds; Aggregate Bond Fund is Lipper Core Bond Funds; Core Plus Bond Fund is Lipper Core Plus Bond Funds; Short - Term Municipal Bond Fund is Lipper Short Municipal Debt Funds; Quality Intermediate Municipal Bond Fund is Lipper Intermediate Municipal Debt Funds; Core Intermediate Municipal Bond Fund is Lipper Intermediate Municipal Debt Funds.

(iii) For the purposes of this section, «government bond» means any United States bond, treasury note, or other public debt obligation of the United States that is unconditionally guaranteed as to both interest and principal by the United States.

A collateralized debt obligation is named for the pooled assets — such as mortgages, bonds and loans — that are essentially debt obligations that serve as collateral for the CDO.

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)

the area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment; for general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer — usually a state, town, or city; revenue bonds are categorized under terms such as «Utilities» or «Transportation»

In natural disasters of the magnitude of Harvey (think 2005's Hurricane Katrina) special bond programs can be created that offer incentives to investors that go beyond traditional debt issuances, such as general obligation bonds.

On the other hand, from the point of view of a distressed bond buyer seeking to reorganize the company, the market price of the debt obligation (particularly as a percentage of claim) becomes the key number.

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.

Summary: This fund is an actively managed bond fund that includes investments in U.S. Treasury and U.S. Government Agency obligations, as well as, corporate debt instruments.

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.

The S&P Municipal Bond New Jersey General Obligation Index returned 3.7 % significantly behind general obligations of other large issuers such as California (10.59 %), Illinois (9.63 %) and New York (6 %).

A surety bond, which is also known as a performance bond, is issued for businesses and ensures that any obligation made to a third - party is fulfilled or said party will recover whatever is lost.

Putnam Income Fund Investment Option invests in Putnam Income Fund, which invests mainly in securitized debt instruments (such as mortgage - backed investments) and other obligations of companies and governments worldwide denominated in U.S. dollars, are either investment - grade or below investment - grade (sometimes referred to as «junk bonds») and have intermediate to long maturities (three years or longer).

Puerto Rico municipal bonds have enjoyed a positive bounce in 2016 however the general obligation bonds are still a small anchor on performance of the high yield municipal bond market as the S&P Municipal Bond Puerto Rico General Obligation Index is down over 2 % year - to - dbond market as the S&P Municipal Bond Puerto Rico General Obligation Index is down over 2 % year - to - dBond Puerto Rico General Obligation Index is down over 2 % year - to - date.

Other government debt obligations such as notes and bonds typically pay interest every six months since they have longer maturities.

This segment is a small anchor as the index tracks just over $ 11billion in par amount of general obligation bonds.

MBIA Corp. issues financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public - purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, and bonds backed by other revenue sources such as corporate franchise revenues, both in the new issue and secondary markets.

Fixed - income: Regardless of country or supra - national market, the fixed - income fund should have holdings throughout the entire length of the yield curve (most available maturities), as well as being a mix of government, municipal (general obligation), corporate and high - yield bonds.

MBIA issues financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public - purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, and bonds backed by other revenue sources such as corporate franchise revenues, both in the new issue and secondary markets.

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.

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.

Municipal Bond Risk (Municipal Bond Fund only): The value of municipal bonds that depend on a specific revenue source or general revenue source to fund their payment obligations may fluctuate as a result of changes in the cash flows generated by the revenue source (s) or changes in the priority of the municipal obligation to receive the cash flows generated by the revenue source (s).