Sentences with phrase «year bond contract»

Sandor was responsible for creating the first interest rate futures contract (Ginnie Mae) as well the enormously successful 30 - year bond contract.

Not exact matches

The fact that hedge funds have more than 270,000 short contracts on the 10 year treasury bond certainly speaks volumes.

The unexpended balance of each appropriation, less the commitments outstanding at the close of the fiscal year for which it was made, shall lapse at the close of such fiscal year; provided that nothing herein contained shall be construed to require the lapsing of appropriations which may be or are required to be made for an indefinite period or which include state refunds, allocations or grants applicable to said appropriations pursuant to any other provisions of law; and provided further that nothing herein shall be construed to prevent the making of appropriations or contracts for the construction of permanent public improvements or works not to be completed during the fiscal year, or the acquisition of property therefor, or the establishment of bond or capital accounts, sinking funds or reserve funds, and each such appropriation, account or fund shall continue in force until the purpose for which it was made shall have been accomplished or shall have been abandoned by a two thirds vote of the County Legislature.

Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.

The Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co. have over the past 2 1/2 years received taxpayer - financed contracts to help manage the sale of more than $ 3 billion worth of bonds for New York state, according to a review of state records by International Business Times.

A bill that would prohibit school districts from entering into financial contracts with the same firms that provide bond measure campaign services is being held over until next year as the author attempts to gain support for the proposal.

A spread ratio of 3:1, for example, means the note against bond spread (NOB) contains three ten - year note futures contracts to each single bond futures contract.

Contract terms lower than five years will have more factors influencing the offered rates, not only bond yields.

Our strategies invest in futures and forward contracts associated with eight developed - market 10 - year government bonds, 10 developed - market currencies, 12 developed - market equity indices, and 24 commodities.

New entrants would have a hard time breaking through the strong customer bonds enjoyed by incumbents, especially given the limited number of contracts up for grabs each year.

HTH uses a total return swap contract to replicate the performance of the Solactive US 7 - 10 Year Treasury Bond CAD Hedged Index (Total Return).

okay here's my two cents worth folks im up for renewal and have just nagotiated a rate 5 yr variable1.75 persent or if i want a five yr fixed at 4.49 still quite a gap between fixed and variable here i believe i have a little lee way here apparently i was only interesed in variable and five yr fixed but i made it absulutly apparent to them that when lock in from a variable i get the whosale discounted rate at that time and written into the contract i kinda believe this the way the market is heading as we head out of ressesion and the bank of canada is going to make there move i believe coming up in june and just to make this firm i do not believe the boc will raise rates in fast mode far from it will be slow process i don't care what the ecconmists are thinking we have to remember manufactering sector is reallt taking a hit on the high dollar and don't forget our niegbours to the south how dependent our canada is with them i believe it will be a slow process a lot of people heve put themselves in a debt load over these enormously low interest rates but i may be wrong i think a variable is the way to go if you want to work on that princibal at least should i say the say the short to medium term and betting that the bond markets stay put for the short to medium term - i have given enough interest to the banks maybe i can pay a little less at least fot the short to mediun term here i have not completly decided yet put i think im going variable although i wish my mtge was up a year ago that would have been just great congradulations to all that did.

Futures contracts are available on selected government bonds such as the U.S 5 year and 10 - year bonds.

The market has contracted in each of the last four years because new issuance failed to keep pace with the expiry of bonds issued in 2006 and 2007.

For example, 30 - year U.S. Treasury Bond futures have a contract size of $ 100,000.

The contract call is based on underlying Treasury bonds of between 15 and 25 years maturity.

Prices for contracts tied to the bonds of MBIA Inc., Bear Stearns Cos. and Washington Mutual Inc., which protect lenders and creditors against the possibility that debt payments won't be made, are higher for one year than for five, according to data compiled by Bloomberg.

Kiran joins Bond Dickinson from Pinsent Masons where she spent many years advising on the legal and commercial aspects of IT and business process outsourcings and tech contracts.

Among its notable trials last year, the firm represented Jeffrey Gundlach, a former bond manager for Trust Company of the West, in a breach of contract suit brought by the company.

Any contract entered into with Bond Solon for the provision of Bond Solon Products is on the express term that the trainer we appoint to present or author the product will not be approached independently by you or a third party acting on your behalf to present training or create other material to you or any other party within a two year period following the delivery of the product without our prior written consent.

Contract Administrator for nine years at DISD and managed Capital Bond Programs, Technology Contracts, Financial Contracts and Interlocal Agreemements.