The number that I've seen for the share
of bond debt held by residents is 40 %, although it is difficult to validate this, and it almost surely varies depending on the bond issuer, bond vintage, and other factors.
Without that one stuck valve, the Rainbow Regs, and the mid-gestation design recalibrations, all within the context of a near - infinite spike in the real cost
of bond debt, our story might have been closer to that of France.
The referendum will seek $ 115 Million in funding for three school construction projects, major renovations and repairs, continuation of CCSD's National award - winning technology program, replacement of aging school buses, land acquisition with a focus on a solution for Cherokee High School overcrowding and, «the No. 1 priority»: continued retirement
of bond debt from the last 15 years of construction projects.
For this purpose, Mr. Ballard was seeking an additional $ 2.5 million in funds which the town would borrow in the form
of bonded debt.
Not exact matches
The European Central Bank on December 3 dropped one
of its main policy rates to negative 0.3 % from negative 0.2 % and said it would extend its
bond - buying program, under which it creates euros to purchase
debt, to at least March 2017.
Fill the bulk
of your portfolio with a combination
of high - rated
bonds (weighted toward corporate, rather than government,
debt) and high - quality, dividend - paying equities, and you likely won't take a hit.
This kind
of debt has equity - like properties, so it should be treated as a hybrid investment and not simply as another
bond, he explains.
Russ Koesterich, BlackRock's chief investment strategist, recommended emerging market sovereign
bonds because
of the relatively low
debt of the countries issuing them.
It is possible there is enough
of a demand for «green»
debt investments that the province can sell this
debt for a higher price than it would get for non-green
bonds, thereby reducing their borrowing costs.
The
bonds of iHeartMedia have long been in the basket
of «distressed
debt,» meaning their prices have fallen so far to where their yields are at least 10 percentage points higher than equivalent Treasury yields.
«If they do target aggressively the 2 percent inflation target, and undertake a significant amount
of QE, that may have an impact on underlying JGB (Japanese government
bond) yields as investors become concerned over Japan's
debt,» he said.
Low sovereign
bond yields have long helped the government finance its
debt, thus, higher yields would undermine the sustainability
of its fiscal position, analysts said.
«If the BOJ were to ease policy, it would therefore be most natural for it to increase government
debt purchases and target longer - dated
bonds,» Kuroda said in a confirmation hearing in the lower house
of parliament.
The sell off in the market for high yield
debt, or junk
bonds, is now hitting a type
of structured
bond that is similar to the the type that blew up in the financial crisis.
The interest rate on 10 - year
bonds was 1.79 % at the end
of 2014 — about half as much as the federal government had to offer to get investors to buy its
debt a decade ago.
There were a few dissents, but a majority
of the Monetary Policy Committee also opted to create # 60 billion (about $ 100 billion) to buy government
bonds over the next six months and # 10 billion to purchase corporate
debt over 18 months.
The company had a net loss
of 10 million yuan (US$ 1.57 million) in the first half
of last year, a
bond default this year, and it has racked up
debts of at least 3 billion yuan.
According to Rogers, China could reduce its $ 1.12 trillion
of U.S.
debt holdings by allowing the
bonds to roll off as they mature.
The cost
of insuring Turkish
debt spiked to a 4-1/2 month high, while dollar
bonds fell across the curve.
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.
Amazon has been an infrequent issuer in the investment - grade
bond market, with only $ 7.8 billion
of debt outstanding as
of June 30.
Perth nickel miner Western Areas has made a $ 95 million repayment
of convertible
bond debt from its existing cash reserves, with a $ 125 million
bond repayment still remaining.
«The ultimate timing
of the
debt and equity financing will be subject to market conditions...
bond rates have moved against us.
In March 2018, SES secured an eight - year EUR 500 million Euro
Bond at a low annual coupon
of 1.625 % which allows SES to refinance an upcoming
debt maturity at more favourable terms.
LONDON, May 3 - At a time when the impending withdrawal
of European Central Bank stimulus was expected to hurt southern European
bond markets, so - called «peripheral» euro zone
debt continues to outperform its higher - rated peers.
Holders
of Venezuelan
bonds are meeting with each other and considering forming committees, advisers and fund managers told Reuters, as questions mount about the feasibility
of President Nicolas Maduro's proposal to restructure $ 60 billion
of debt.
Venezuela's $ 60 billion in
bonds is estimated to be only a third
of the country's total
debt, with the rest in the hands
of Russia and China.
The average BB rated
bond, which is what Dell's current
debt is rated, is trading at a yield
of 5.8 %.
Berkeley economist Barry Eichengreen recently told Spiegel Online that Europe will find no way around rescheduling Greek
debt, which will hurt the balance sheet
of banks that own Greek
bonds.
In essence, if correct, this means there is less price risk in government
debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up
of government
bonds rather than corporates and preferred shares.
With most
of these
debts being held by Chinese entities, it's unlikely we'll see a banking crisis in the same way we could have seen if Greece or Spain went belly up, said Lau — many foreign banks hold European
bonds — but we've seen markets panic on far less worrisome Chinese news in the past.
These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained
bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market
debt instruments, historically less - liquid bank loan funds, and all manner
of actively managed strategies packaged in supposedly easy to buy and sell wrappers.
For instance, under recent scrutiny are negotiable certificates
of deposits (NCD), a kind
of short - term
bond, and niche products like perpetual notes, a long - term
debt instrument that can be listed as equity rather than
debt on balance sheets.
Moody's has today also placed Spain's Baa3 government
bond rating on review for possible further downgrade in order to assess the implications
of several factors on the Spanish government's ability to continue to fund its borrowing requirements in the private
debt markets.
That's also making Austrian
bond yields spike, ushering in a new phase
of the sovereign
debt crisis from the East.
The yield on Greece's three - year
bond, which has surged from 4 % to 13.5 % since October, is now reflecting serious expectations that the country may end up outside
of the Eurozone and unable to repay its euro - denominated
debts.
For ratings issued on a program, series or category / class
of debt, this announcement provides relevant regulatory disclosures in relation to each rating
of a subsequently issued
bond or note
of the same series or category / class
of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices.
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.
The Eurozone crisis could be ended tomorrow if the European Central Bank (ECB) announced it was going to launch a mammoth campaign to continue buying the
bonds of troubled members
of the European Community (EC) until growth in EC output and employment bailed them out
of their
debt burdens.
LGFV
debt, however, has continued to rise with 4 trillion yuan ($ 605 billion) worth
of LGFV
bonds issued since 2015 still outstanding, equivalent to 5.4 percent
of China's gross domestic product.
Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized
debt obligation named Abacus, which was made up
of a bundle
of financial instruments tied to subprime mortgage
bonds, many
of which plummeted in value shortly after the deal was sold.
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director
of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed
debt, high - yield
bonds, and value equity.
Seadrill said the approved plan, which extends maturities
of $ 5.7 billion in bank
debts, converts $ 2.3 billion
of unsecured
bonds to equity and injects $ 1 billion in new
debt and equity, would enable the company to take advantage
of a market recovery.
S&P also notes the success
of the AMNH's last
bond issuance in 2004 and its lack
of additional
debt in the short term.
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.
Over the past several months,
debt traders have been growing increasingly wary
of this type
of monetary tightening by global central banks, which have been the biggest buyers
of bonds for years.
Threats from
debt - rating agencies to strip the country
of its sterling credit rating and investors» lacklustre response to a
bond auction in November are just two signs that this reality is beginning to sink in.
Independent
bond research firm Gimmie Credit downgraded the
debt of the giant chemical company on Tuesday, saying Peltz's pressure may end up forcing DuPont's executives to do something «materially harmful» to the company.
BRAZZAVILLE, April 19 (Reuters)- Congo Republic's current efforts to restructure its external
debt will not affect multilateral creditors or holders
of its Eurobond and regional
bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.
That would make REITs less attractive to investors relative to
bonds, while raising the cost
of their
debts — cutting into profits.