Sentences with phrase «of bonded debt»

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.

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.

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 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.

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.