Sentences with phrase «year deficit bond»

Not exact matches

Simply enter in your estimates for real GDP growth, GDP inflation, the 10 - year bond rate and your desired contingency reserve in the yellow cells, and the sheet will estimate the projected surplus or deficit for fiscal years 2015 - 16 through 2019 - 20.

With inflationary pressures and massive budget deficits having become the topic du jour this year, the bond - market «vigilantes» term has made its way back onto trading floors.

The recently passed tax cuts could increase the Federal deficit by around $ 200 billion this year, adding to the supply of bonds.

The government's elevated gross borrowing requirements estimated at around 17 % of GDP per year between 2017 and 2019 are mainly driven by sizeable maturing government bonds — in particular, local currency USD - indexed bonds — on top of fiscal deficits averaging around 3.8 % of GDP.

We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.

Eight years after facing a financial deficit that required issuing bonds totaling $ 22 million to balance its budget, East Hampton Town has achieved Moody's Investors Service's highest bond rating

Suffolk County's bonds have been downgraded by Standard and Poor's after the county forecast up to a $ 165 million deficit for the next fiscal year.

The report praises Assembly Ken Zebrowski's «Rockland County Deficit Reduction Task Force» proposal, stating that «the task force would exist for a three - year period, and could extend its oversight by majority vote for two - year periods until the deficit bonds were paid off... The task force would have broad oversight and budget recommendation Deficit Reduction Task Force» proposal, stating that «the task force would exist for a three - year period, and could extend its oversight by majority vote for two - year periods until the deficit bonds were paid off... The task force would have broad oversight and budget recommendation deficit bonds were paid off... The task force would have broad oversight and budget recommendation powers.

The legislature proposed floating an $ 80 or so million bond — whatever the exact amount of the deficit was ruled to be — which would be paid back over 10 years by the sales tax.

«We had a $ 138 million deficit, we were the most fiscally stressed county in New York, our bonds were near junk and people were reeling from years of double digit tax increases fueled by an endless tax - and - spend cycle.»

The county is continuing to pay off the $ 96 million deficit bond — the «Sins of the Past» — at a rate of $ 13.2 million per year, Day said.

With low net international reserves, a double digit fiscal deficit, double digit current account deficit, and double digit inflation, Ghana may have to pay a very high interest rate, possibly, a double digit interest rate, for any sovereign bond issued this year.

If approved by the Governor, Rockland County will be permitted to issue a deficit bond to be repaid over 10 years to eliminate the County's deficit.

And we are paying off the $ 96 million deficit bond — the «sins of the past» — at a rate of $ 13.2 million per year without the 12 percent tax increase that was predicted.

In «theory» the deficit of $ 138 million this year was reduced to $ 41 million by dumping a chunk of the deficit into a bond.

The 2013 law that authorized Rockland County to issue a $ 96 million deficit bond mandates the county submit its budget to the Comptroller's Office every year until the note is paid off.

One of the ballot issues defeated was a request by school officials for authority to issue $ 160 million in bonds to cover the district's current - year deficit, which represents about 23 percent of its annual budget.

All of this is compounded by the fact that Japan will have to increasingly fund its large budget deficits (roughly 10 % of GDP per year) in the international bond market.

Jamie Dimon thinks that the 10 year yield may approach 4 % as the Treasury issues more bonds to fund the increasing deficit.