Sentences with phrase «obligation bonds from»
Illinois wrestled with its pension obligations all year making headlines but it is general obligation bonds from New Jersey that underperformed the overall market.
http://www.indexologyblog.com/ Not exact matches
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
debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax
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.
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
This will spurt other states from New Jersey to Illinois to ask for Super Chapter 9, and the result would be a disaster for millions of American retirees who are invested in state and local general obligation bonds.
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.
Moody's Investors Service downgraded Cook County's general obligation bond rating to A1 from Aa3 due to the county's «growing pension liability.»
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.
In sharp contrast to earlier tribal and feudal patterns, the bourgeois family made possible the freedom of a man and woman to choose each other, to live with their children in relative independence from wider kinship groups, and to form a bond in which obligation is reinforced by affection.
ST. CHARLES — The St. Charles Park District Board has voted to seek bids from financial institutions for the issuance of $ 2.17 million in general obligation bonds and to borrow an additional $ 1.2 million in an installment loan.
The $ 3 million project will be funded through general obligation bonds that are paid off by revenues from the facility.
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.
Under the law, «the State is prohibited from limiting or altering the rights of the Authority to set tolls and fees that are deemed necessary to operate and maintain the Thruway system, and to meet the Authority's obligations to its bond holders.»
State Comptroller Tom DiNapoli says the upgrade from Moody's Investors Service to Aa1 for the state's general obligation bonds is the highest level since the fiscal crisis of the mid-1970s.
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.
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.
Coupon stripping is the separation of a bond's periodic interest payments from its principal repayment obligation to create a series of individual securities.
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.
For example, the annual return on long - term US Treasury bonds is likely to be very different from the return reported for high - yield corporate bonds or general obligation (GO) municipal bonds.
Choosing bonds from different issuers protects you from the possibility that any one issuer will be unable to meet its obligations to pay interest and principal.
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
debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax
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»
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.
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.
To pay the financial obligations owed to an injured party, a defendant — or more usually, his or her casualty insurance carrier — will purchase one or more annuities from a life insurance company, or delegate its periodic payment obligations to a third party, which in turn would purchase a qualified funding asset — either an annuity or a government bond.
The bonds tracked by the S&P Municipal Bond Puerto Rico Index -LRB--8.22 % QTD) have been in the focus of the mainstream media this week following public statements from their governor that the island territory can not meet their USD 72 billion in outstanding debt obligations.
Cashflow from operations at each company more than cover their interest obligations and the CorTS» collectively offer a mix of corporate bonds and debentures in a variety of companies and sectors.
The other is the general obligation bond, which is backed by the credit of the issuing jurisdiction, rather than the revenue from a specific project.
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.
The BB11 is calculated from the average yield of 11 selected general obligation municipal bonds maturing in 20 years.
The tax - exempt interest amounts earned from US Savings Bonds and Treasury Obligations can not be accommodated by the system if form 8815 is required
Mr. Regan successfully defended a surety against bad faith claims asserted by a bond principal in an effort to extinguish a $ 100 million indemnity obligation stemming from a contractor default.
The AG posited, however, two conditions: It is only compatible with the Treaty, if the ECB «refrains from any direct involvement in the financial assistance programs to which the OMT program is linked, and complies strictly with the obligation to state reasons and with the requirements deriving from the principle of proportionality» and provided that the timing of its implementation permits the actual formation of a market price in respect of the government bonds.
The aid package includes a bond exchange involving banks, insurers, and other debt holders that is meant to help cover Greece's funding needs into 2014 and keep the country from defaulting on its obligations.
always hitherto prevented the said cargo or any part thereof from being sent in any other manner to the said United States and landed therein pursuant to the condition of the said bond; and these defendants aver that the damages and injuries aforesaid sustained by the said vessel were unavoidable and by force of the winds and waves, and that by reason of the detention and continuation thereof as aforesaid by superior force as aforesaid, they could not at any time heretofore, nor can they yet, land the said goods, wares, and merchandises in the said United States, pursuant to the condition of the said bond in the said petition set forth, by reason whereof, and also by force of the statutes in such case made and provided, these defendants are, as they are advised, discharged from the payment of the said sum of money in the said bond or obligation mentioned, or any part thereof; these defendants therefore pray that a jury may be empanelled to inquire of the facts aforesaid, should they be denied by the United States, and that these defendants may be hence dismissed with their reasonable costs and damages in this behalf most wrongfully expended,»
The motion judge found the filing of the lien bond by Dominion satisfied its trust obligations to Structal under the Act and, upon receipt of the progress payments from the owner, Dominion could disperse them to other creditors without being in breach of the trust provisions of the Act.
I mean in fairness being Bond is a fairly demanding role, both in expectations and contractual obligation, so if 2 of your 4 movies had extensive rewrites / budget fallouts that ended up leading to mixed reviews at best you'd probably want to walk away from the role too.
Adherence to the Code is the first great bond between REALTORS ® and REALTOR - ASSOCIATE ® s throughout the country, and is an obligation voluntarily accepted by them to ensure high standards of professional conduct to serve the interests of their clients and customers (from the Introduction to the Code of Ethics and Arbitration Manual, NATIONAL ASSOCIATION OF REALTORS ®, 2016 edition).