Sentences with phrase «says bond issues»

He says bond issues, which represent long - term borrowing by taxpayers, are traditionally used for infrastructure projects like subway improvements, bridges or other long - lived items.

Patty Eagleton, park district director, said the bond issue will cost the district $ 291,262 in interest payments, based on a 6.63 percent interest rate, over 10 years.

Baer said the bond issue will cover renovation of five playgrounds, resurfacing of parking lots and replacement of equipment, including trucks, tractors and mowers.

Not exact matches

The premier said the green bonds don't preempt the panel's work, because they address the broader issue of building infrastructure across Ontario.

TORONTO — Ontario will be the first in Canada to issue so - called green bonds next year to generate the billions of dollars that's needed to expand public transit, Premier Kathleen Wynne said Wednesday.

Wesfarmers says it will raise about $ 864 million through a bond issue under its Euro Medium Term Note program.

The Department of Justice said in a news release that «these bonds were issued by the former Republic of China prior to losing power to the communist government in 1949.

Serge Pepin, the head of BMO Investments, says people should consider corporate or high - yield bonds — also known as junk bonds — which pay higher yields than federal issues.

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.

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 pricing and performance of the new issues this week indicates the demand for bonds has remained strong despite the broader market weakness,» Yuriy Shchuchinov, credit strategist at BofAML, said in a note to clients.

In the past year, Canadian securities regulators have raised the bar for exempt - market dealers, requiring them to be registered and bonded, issue an offering memorandum with every deal and provide audited financial statements to investors annually, says Sand, who supports this new layer of assurance.

«During the Harrison years, they had labour issues now and then,» says Kam Hon, managing director at bond rating agency DBRS, «but the disrupt ions were never extensive, so it never really hurt CN's performance.»

The other hot - button issue, says Caldwell, is getting lawmakers and employers to understand the importance of family bonding and attachment — something which feeds into the aforementioned issue.

«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.

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.

How legislators handle all these issues could have a direct impact on the bond market, says Tom DeMarco, CFA ®, a market strategist in Fidelity Capital Markets» fixed - income division.

He said that the central bank would not buy more than 33 percent of any country's outstanding bonds, nor more than 25 percent of any bond issue.

Oppenheimer, the large mutual fund company, also owned some of the bonds issued by Remington, but said it sold its debt holdings last year.

«Bitcoin is not a stock, not a bond and not a recognized currency that any government issues or supports,» Kaplan said.

«Reports are that Poland is also looking to issue a sovereign green bond in the near future,» says Katugampola.

In a press release government officials reaffirmed the country's role in meeting commitments under the Paris Agreement and said France wants to be the first to issue a sovereign green bond in 2017.

Although there is no indication yet that Aramco would want yuan for its oil, the Saudis said a couple of weeks ago that they would be willing to consider issuing yuan - denominated bonds, in what could be a break from the practice to issue debt only in U.S. dollars.

Issuing international bonds through controlled entities in offshore centers allows Chinese and Brazilian firms to reach investors that would find it difficult to invest in their local markets, the BIS says.

China could allow local government to issue more special bonds to support government spending on urban redevelopment and infrastructure investment to shore up domestic demand, said Xing from Morgan Stanley.

«Utilizing Green Bonds is a win - win,» says Vermont State Treasurer, Beth Pearce, in a press release issued in October.

In the May 28 issue of my Wagner Daily newsletter, I said, «Are institutions running from the stock market and into bonds?

* Example of bond yield fluctuation: Say a company issued a $ 1,000 bond paying 5 % interest and an investor buys one.

Goldman Sachs defended its action, saying it bought the bonds — issued in 2014 by state - run oil company PDVSA — with the hope that life in Venezuela will improve.

This is why as soon as WeWork, the US shared office space company, said it wanted to issue $ 500 million of high yield bonds, we saw morale perk up and investors dive into the new issuance.

So let's say new bonds being issued are now paying 5.5 percent.

SandRidge issued $ 1.25 billion in bonds last month, which gives the company the liquidity it needs, Wilson said.

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.

The dispute began after the park board said it planned to issue up to $ 16 million in bonds for land acquisition and construction.

At Stevenson, voters» approval of a bond issue in 1994 allowed the school to add a pool, performing arts center, 30 classrooms and computer labs, Galloway said.

Administration officials said that another goal of the lawsuit is to delay a proposed $ 50 million park district bond issue.

Representatives of the Carol Stream Youth Baseball Association, Football Association and Soccer Association said they would consider restoring support for the bond issue if the park district agrees to release all executive session minutes dealing with land acquisition.

Committee members said they hoped that the project's smaller price tag of $ 6.5 million, which would also come with a smaller tax hike or bond issue, would be more palatable to voters.

Without authority to issue such non-referendum bonds, the park district would be severely limited in its ability to renovate the parks through such means as reroofing, resurfacing tennis courts, paving bike trails and improving playgrounds, he said.

She also said that the Park District, along with other park districts in Illinois, lost its authority to issue non-referendum bonds due to tax cap legislation approved by the state legislature in the early 1990s.

But last week, spokeswoman Monique Bond said there is no formal policy, and CPS has been debating the issue for «some time.»

The alternative, issuing bonds and borrowing money, could cost taxpayers $ 4 million more because of interest payments on the debt, park officials have said.

A supportive school board helped pass a bond issue in 2000 and didn't flinch when the program failed inspection its first year, Coplan said.

After reviewing the minutes, representatives said they would continue to push for approval of the bond issue.

The district could initiate a referendum issue asking voters to approve such a bond issue, Muno said, but approval is unlikely in the current economic climate.

The district can not directly issue bonds to build a facility because of the state «s mandated tax cap, he said.

Enough residents of the Lockport Township Park District in northern Will County have signed petitions to force a referendum on a $ 6 million bond issue planned by park district officials to pay for not only what they say is a much - needed new golf course, but a recreation center and major renovations to the district «s other facilities.

The decline reflects that the Palatine - based district has paid off bonds that were issued for general improvements, district director Allen Baker said.

Resnick said the Park District may issue bonds and use the revenue from Pelican Harbor to pay them back.

Park officials will begin to issue bonds as soon as they have a clear idea of how they plan to improve the property, said Terry Porter, director of parks and recreation.