The S&P Municipal Bond Tobacco Index rebounded in 2015 with a positive 13.48 % return driven by successful refundings
replacing high cost debt with bonds with lower interest rates.
Not exact matches
This issuance in the approximate amount of $ 1.2 billion provides an opportunity to refund
higher - interest bonds and
replace them with lower -
cost debt, generating future savings to the State of New York.
In the current low - interest rate environment, this issuance provides an opportunity to refund
higher - interest bonds and
replace them with lower -
cost debt, generating substantial future savings to the State of New York.
Tobacco settlement bonds are the target of refundings as the
high interest rates on older
debt can be
replaced with lower
cost debt via the refunding mechanism helping to drive returns.
One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off
debt,
replacing income for everyday living expenses, and paying the
high cost of the insured's funeral and other final expenses.
One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off
debt,
replacing income for everyday living expenses, and paying the
high cost of the insured's funeral and other final expenses.
The loans, for up to $ 35,000, are intended to help you maintain payments on, or even
replace,
high -
cost business
debt.