Sentences with phrase «says by issuing these bonds»

The Treasury says by issuing these bonds, it could possibly tap into $ 2.4 trillion of latent demand that could come in handy during a time when economists expect the U.S. to outspend its means by about $ 3.5 trillion.

Not exact matches

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.
Oppenheimer, the large mutual fund company, also owned some of the bonds issued by Remington, but said it sold its debt holdings last year.
Goldman Sachs defended its action, saying it bought the bondsissued in 2014 by state - run oil company PDVSA — with the hope that life in Venezuela will improve.
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.
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.
For the 3,700 homeowners within the Medinah Park District, the additional bond issue will increase annual property taxes by about $ 12 on a home with $ 150,000 assessed valuation, said Eagleton.
The settlement would prevent the lawsuit and bring the «release of claims against (Banc One) in connection with the bonds issued by the Park District between 1990 and 1994,» the report says.
He said the domestic bonds were issued in a competitive and transparent bidding process managed by Joint Book Runners namely, Barclays, Stanbic and Strategic African Securities (SAS).
Skahen said the county initially agreed to pay all of the rent for the office because the city at the time did not have its own local development corporation to raise money by issuing bonds for nonprofit groups.
The government has said it is not perturbed by the Minority petition to the Securities and Exchange Commission of the United States to investigate its $ 2.25 billion bond issued this year.
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.
The Plaintiff's Counsel, Dr Abayomi said «This suit was instituted to challenge the unlawful process by which the state government and other respondents are taking to issue a N50 billion bond without due compliance with relevant laws of the land».
Two successful trials, Lo says, is what it would take to make the investment — a series of bonds issued by the fund — profitable and attractive to a broad range of investors.
The first salvo was fired by Don Venable and Rick Finlan in 1991, when they said in a civil lawsuit that the district had improperly spent $ 25 million from a 1985 bond issue.
«This is a guarantee system that goes back to 1983 and since then we've backed more than $ 112 billion in bonds issued by the independent school districts,» said DeEtta Culbertson, spokeswoman for the Texas Education Agency.
The district said it would provide single - entry point security at the school when an $ 800 million bond issue was approved by voters in 2014.
«The big question for advisors with HNW clients is whether this cap on SALT deductions will significantly weaken the credit quality of bonds being issued as tax - exempt by local authorities,» says Jason Staley, an advisor at Pittsburgh - based Schneider Downs Wealth Management Advisors, which manages more than $ 1.3 billion.
Say that prevailing interest rates are also 10 % at the time that this bond is issued, as determined by the rate on a short - term government bond.
A note issued by a company in this situation is at a higher risk of default than, say, a corporate bond.
Investors holding auction - rate bonds issued by municipalities, schools and others will have to wait for «natural buyers» to return to the market before auctions return to normal, Mr. Hoekstra said.
He said that in many cases the initial money would come from the stimulus package, noting that some $ 24 billion is available for schools, and mostly untapped so far, through bonds issued by school districts, cities or states.
Other forms of auto insurance in Oklahoma includes taking out a bond issued by an authorized surety company, make a self insurance policy if you own a large number of cars, like say 20 to 25 or make a cash deposit exceeding $ 75,000 with a state agency like the DPS.
Quantitative easing by the Federal Reserve, issuing more money and then buying back Treasury bonds to support the market, is a policy meant to encourage banks to lend and businesses to invest, says Timothy Riddiough, professor of real estate and urban land economics at the University of Wisconsin, Madison.
In the event of the death of a licensed broker, who is the sole proprietor of a real estate business, the board shall, upon application by his legal representative, issue, without examination, a temporary license to such legal representative, or to an individual designated by him and approved by the board, upon the filing of a bond as aforesaid and the payment of the prescribed fee, which shall authorize such temporary licensee to continue to transact said business for a period not to exceed one year from the date of death subject to all other provisions of sections eighty - seven PP to eighty - seven DDD applicable to a licensed broker except that such temporary license shall not be renewed.
In January 2016, all three major bond companies gave triple - A ratings to long - term bonds issued by the city of Virginia Beach, which the U.S. Navy has said faces severe threats from climate change.
I am sure you meant to say — Buy tax free municipal bonds issued by the state where you live, or, LIVE in a state that has no personal income tax.
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