Sentences with phrase «on bonds issued»

Interest paid on bonds issued by states or municipalities that is tax - free for federal income tax purposes.
In fact the average yield on bonds issued by Group of Seven countries (United States, Canada, Germany, U.K., France, Italy, Japan) has fallen to 1.23 % as of June 12, from around 3 % back in 2007.
«-RRB- Because of the additional risk, the natural reaction of investors is to expect an equity return that is comfortably above the bond return — and 12 percent on equity versus, say, 10 percent on bonds issued py the same corporate universe does not seem to qualify as comfortable.
These are based on bonds issued by state and local governments.
What's not widely known is that China is in default on bonds issued before the 1949 revolution and widely marketed in the US.
Liabilities would include accounts payable, accrued interest and principle on bonds issued, accrued interest and principal on mortgages outstanding, etc..
That's because in addition to the federal tax exemption, you typically get a state tax exemption on bonds issued in the state where you live, notes Dale Yahnke, of financial advisory firm Dowling & Yahnke.
Of course some towns have declared bankruptcy and in turn defaulted on the bonds issued but the number of bankruptcies has been miniscule.
* Review focused on bonds issued by and are the general obligation of counties and cities.
In some states, interest on bonds issued by that state, and the municipalities within it, are also exempt from that state's income taxes.
The PSF Bond Guarantee Program was created by the Texas Legislature to enhance a public school's credit rating and thereby lower the interest rates on bonds issued by public schools.
Prosecutors argued St. Lawrence misrepresented town finances in pursuit of better rates on bonds issued to the town, as well as engaging in various unscrupulous fiscal practices to finance a baseball stadium in Pomona.
· Debt service on bonds issued by the MTA to fund the cost of East Side Access is estimated to exceed $ 300 million in 2019 when the project enters service.
HSBC declined to participate because its larger customer deposits means it would lose money by taking part in credit easing, which involves a government guarantee on bonds issued on wholesale funding markets.
This promise has unnerved Goldman Sachs and, in particular, Moody's, a global agency, which provides international financial research on bonds issued by commercial and government entities.
In some states, interest on bonds issued by that state, and the municipalities within it, are also exempt from that state's income taxes.
You'll find a report on a successful district partnership on a bond issue for site improvements, and collaboration on a breakfast program that's serves over 200 students daily regardless of ability to pay.
Fiddyment said she was outraged because of the potential tax impact of that action and began fighting the board, seeking a referendum on the bond issue.
Governments pay interests on bonds they issue by quarter, semester or year.
«You remember we did not hear honourable Amidu on all these things that CDD is complaining about, we did not hear him on the bond issue, we did not hear him on the BOST scandal.
Extraordinary call: A call on a bond issue that is used in unusual circumstances, such as a catastrophe call.
(depending on the bond issue)
In other words, investors believe that there is no chance that the U.S government will default on interest and principal payments on the bonds it issues.
Also, local and state governments often exempt investors from taxes on the bonds they issue.
A reissue transaction is a reportable event if a living owner, principal co-owner, surviving co-owner, beneficiary, or other person entitled to ownership (for example, an heir upon the death of persons named on the bond) is not named owner or principal co-owner in the new registration on the bond issued in the transaction.
Governments control the interest rate they pay on their debt by setting the interest rate they pay on the bonds they issue.
James spends a majority of his time representing sureties on bonding issues across Canada.

Not exact matches

Issuing bonds is one of the most routine things that happens in today's financial system; governments and companies get a sum of money today and pay interest on it over time, before paying back the principal at some agreed - upon future date, when the bond «matures.»
I was disappointed to see no new information on issuing green bonds to finance projects, rather than simply using standard bonds.
Earlier this year, countries on Europe's periphery (notably Italy and Spain) faced rising interest rates on newly issued government bonds, which threatened to push them into insolvency.
Tighter regulation on bond markets has crimped appetite for bonds in the region, he said, noting that subscriptions for three government bonds issued at the end of last year lagged expectations.
For bonds this means issues that are not at risk of defaulting on a payment; for stocks a dividend is essential, and not one at risk of a cut, or one that fluctuates through good times and bad.
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.
China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.
The issue of bond market liquidity has been a consistent theme over the past years or so with financial executives such as JP Morgan CEO Jamie Dimon, Blackstone CEO Steve Schwarzman, and Oaktree Capital's Howard Marks weighing in on the issue and generally pointing the finger at a lack of liquidity exasperating moves in financial markets.
On Monday, the state planner issued new rules for companies which are planning to issue bonds to put more pressure on debt - laden local governments to get their finances in ordeOn Monday, the state planner issued new rules for companies which are planning to issue bonds to put more pressure on debt - laden local governments to get their finances in ordeon debt - laden local governments to get their finances in order.
While U.S. savings bonds have lost popularity as a means of long - term savings due to the low interest rates they currently earn, some retirees have been holding on to bonds that were issued when rates were higher.
Investors are set to snap up the bonds with an interest rate of less than 3.4 %, the Financial Times reported on Thursday, or about half the rate Sprint would have had to pay if it issued the bonds without any backing.
«Apple of course has huge amounts of cash, but... the cost of borrowing now is so unbelievably low that issuing long - term bonds... is actually a very smart thing,» Schwarzman said on CNBC.
The Financial Times reports that $ 20 billion in dollar - denominated bonds issued by HNA and its subsidiaries are due to mature in 2018 or 2019; yields on three of those bonds have spiked, doubling this month to more than 18 %.
One reason for looking at junk bonds is that the firms that issue junk bonds are closer on the risk continuum to a large mass of firms that are too small and too weak to issue bonds at all, and that rely on banks or the informal capital market for funds.
Tax exemptions In general, the interest you earn from your tax - exempt municipal securities is exempt from federal income tax and in some cases, state or local income tax, depending on whether you are a resident of the state that issued the bond.
September 2003 (188 kb PDF file): Research summaries on sovereign bonds and public debt management and on international trade; country study: Sweden; summaries of new study on deflation and recent book: Sweden's Welfare State; contents of latest issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF working papers; list of external publications by IMF staff.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
It is also a list of the maturity dates on which individual bonds issued as part of a new issue municipal bond offering will mature
Those payments cover both the loan payment to the state and 90 percent of the annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.
Debt covenants may soon become just another issue in the already long list if Valeant defaults on its bond indentures.
Although commercial banks mostly rely on capital from deposits from customers, such banks may issue notes and bonds as long - term capital resources.
Senior Portfolio Manager RJ Gallo provides his take on tax reform and key issues for muni bonds in 2018.
Geithner and Obama lobbied the IMF and ECB shamelessly to bail out Greece, simply so that it could pay bondholders, because U.S. banks had issued credit default insurance (CDS) against Greek bonds and were on the hook for a big loss if a default occurred.
a b c d e f g h i j k l m n o p q r s t u v w x y z