Sentences with phrase «than bonds issued»

Nomura Securitiea» Siobhan Morden, head of Latin America fixed income strategy, has written about the potential for a glut of Argentina bonds, and commented this week that second - tier provinces look less attractive than bonds issued by the Province of Buenos Aires, which includes the city of that name and is the most liquid provincial market.

Therefore, such bonds pay a lower interest rate, or yield, than bonds issued by less - established companies with uncertain profitability and relatively higher default risk.

They are riskier than bonds issued by higher rated investment - grade companies, so they often offer higher yields.

They are riskier than bonds issued by higher rated investment - grade companies, so they often offer higher yields.

A G7 bond is considered relatively less risky than bonds issued by nations outside the G7.

Therefore a bond issued by a small city would be considered riskier than a bond issued by a large city.

When I was a newly - qualified lawyer he gave me the chance to do M&A rather than bond issues.

Not exact matches

They can grow by reinvesting their profits, and issuing stocks and bonds, growing much faster than if they had to raise and use their own cash.

I was disappointed to see no new information on issuing green bonds to finance projects, rather than simply using standard bonds.

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.

Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next year.

That's significantly higher than the 4.63 % interest it got when it issued bonds to fund its own buyout a few years ago.

Finance startup Bond Street issues loans to small businesses, many of which have less - than - ideal credit, and it's hatched a plan to stand out in the crowded online lending sector.

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.

NEW YORK (Reuters)- Wary of brokers who make their money by «riding the calendar» of new stock and bond issues rather than patiently building the firm's wealth management business, Morgan Stanley is cracking down where it hurts the most: compensation.

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.

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 %.

The difference between the issue price and the face value is treated as tax - exempt income rather than as capital gains if the bonds are held to maturity.

debt obligations of the U.S. government that are issued at various intervals and with various maturities; revenue from these bonds is used to raise capital and / or refund outstanding debt; since Treasury securities are backed by the full faith and credit of the U.S. government, they are generally considered to be free from credit risk and thus typically carry lower yields than other securities; the interest paid by Treasuries is exempt from state and local tax, but is subject to federal taxes and may be subject to the federal Alternative Minimum Tax (AMT); U.S. Treasury securities include Treasury bills, Treasury notes, Treasury bonds, zero - coupon bonds, Treasury Inflation Protected Securities (TIPS), and Treasury Auctions

In these cases, the difference between the bond's issue price (the discounted rate) and its face value would be considered tax - exempt income rather than capital gains.

One possible source of the equity premium (meaning shares are more expensive to issue than bonds) is a central bank as lender of last resort - even in the absence of taxes, bankruptcy, etc..

While stocks are riskier than bonds or cash investments, they have much higher returns over the long run and many issue dividends on top of this.

Second, Europe issues significantly fewer bonds than the U.S. Citi estimates the ECB could source up to 89 % of their bond purchases from existing holders rather than from new issuances.

In 2011, Morgan Stanley helped the Whitney issue more than $ 125 million in tax exempt bonds — funding that was critical to the museum's reopening on May 1, 2015, in an iconic new structure that overlooks the Hudson River in the heart of a vibrant, renewed urban enclave.

Buying a bond at market discount is different than buying a bond at Original Issue Discount (OID).

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.

So while these «fallen angel» bonds have the potential to be intrinsically higher quality than debt originally issued at the junk or high - yield level, undue structural selling pressure from the downgrade can cause them to sell at a discount.

Entities in smaller markets typically issue foreign currency debt in offshore bond markets because they can issue larger, lower - rated and / or longer - maturity bonds than they can (at least at comparable prices) in their domestic market.

◦ This bond has not expired, i.e., it has been fewer than 5 years since the bond was issued.

the difference between the stated redemption price at maturity (if greater than one year) and the issue price of a fixed income security attributable to the selected tax year; NOTE: Tax reporting of OID obligations is complex; if acquisition or bond premium is paid during the purchase, or if the obligation is a stripped bond or stripped coupon, the investor must compute the proper amount of OID; refer to IRS Publication 1212, List of Original Issue Discount Instruments, to calculate the correcissue price of a fixed income security attributable to the selected tax year; NOTE: Tax reporting of OID obligations is complex; if acquisition or bond premium is paid during the purchase, or if the obligation is a stripped bond or stripped coupon, the investor must compute the proper amount of OID; refer to IRS Publication 1212, List of Original Issue Discount Instruments, to calculate the correcIssue Discount Instruments, to calculate the correct OID

The consent, from more than 97 percent of senior secured bondholders, follows similar approval from senior banking lenders and from holders of its 1.3 billion euros of high - yield bonds issued via Lighthouse International Company SA, a unit of Seat PG.

Now that the Fed is ending its quantitative easing, and the US Treasury needs to issue more and more bonds in order to fund its fiscal deficit, we can safely assume that supply will be higher than demand.

For instance — why would Apple (or these other multinationals) repatriate any cash rather than issue Aussie or Euro bonds which have lower long term rates.

Over the past few years, green bonds have raised billions of dollars to help fund environmental and other sustainable development projects: rapidly growing from $ 1 billion issued in 2012 to more than $ 30 billion in 2014 globally.1

In a span of just two months in the third quarter, Morgan Stanley underwrote more than $ 3bn worth of green bonds issued by six borrowers, domiciled in three countries and issued in four different fixed income asset classes.

As Rosenbluth noted, HYDB allocates more of its roster to B - rated bonds and less to CCC - rated issues than do the two largest, traditional junk bond ETFs.

Since rising interest rates means the bond's fixed rate is not competitive against newly issued bonds at higher market rates, then it stands to reason that longer - term bonds (those with longer to pay at the lower rate) are going to see their prices fall further than short - term bonds.

Its $ 46 billion corporate bond issue in January 2016 was hailed as the largest on record; large bond issues were easier to trade than small ones as banks shied from debt capital market in response to capital requirements.

Currently, the U.S. Treasury Department is taking far more of it than it should, and mortgage bonds are being propped up artificially with another $ 1 trillion of government guaranteed paper being issued in 2009.

General Obligation (GO) bonds are municipal bonds backed by the credit and «taxing power» of the issuing jurisdiction rather than the revenue from a given project.

(Currently it can not own more than one third of a bond issue).

So it's not only longer than the bonds we were issuing then but the argument, «well, it's not really that much longer than this bond is,» is perhaps that extrapolation that makes me a little bit nervous, that there is too much complacency.

If the bond included a «call provision,» the issuer can redeem it early, too — in order to issue new bonds at a lower interest rate, for example — but usually pays you a little more than the face value to do so.

These bonds are issued by less - creditworthy companies that carry a higher risk of default than better - rated issuers.

Cons: The primary negative associated with investment grade floaters is that when issued they generally offer current yields that are significantly lower than a typical fixed rate bond of the same maturity offered by the same issuer.

The central bank can not buy bonds that yield less than the deposit rate, currently -0.4 percent, and can not own more than a certain proportion of each bond issue.

ETNs are designed to deliver the total return on a broad index or individual commodity, but rather than being structured as pools of securities that the fund itself owns, they are instead unsecured bonds (notes) issued by a firm that agrees to deliver the return of the index it tracks.

The latest issue, in April, saw Mexico selling $ 1 billion worth of 30 - year bonds in a deal reportedly more than two times oversubscribed.

Bonds issued with a Moody's rating pay meaningfully lower interest rates than those without a Moody's rating, and the price paid to Moody's is much lower than the interest savings the issuer realizes.

Its global counterpart, the Barclays Global Aggregate Bond Index, chalked up $ 39 trillion and more than 14,000 issues.