advance refunding

См. также в других словарях:

• Advance Refunding — 1. A bond issuance used to pay off another outstanding bond. The new bond will often be issued at a lower rate than the older outstanding bond. 2. A bond issuance in which new bonds are sold at a lower rate than outstanding ones. The proceeds are …   Investment dictionary

• advance refunding — In the context of municipal bonds, refers to the sale of new bonds (the refunding issue) before the first call date of old bonds (the issue to be refunded). The refunding issue usually specifies a rate lower than the issue to be refunded, and the …   Financial and business terms

• refunding bonds — Bonds issued to replace outstanding bond issues. Usually used to replace callable bonds when interest rates drop. American Banker Glossary * * * refunding bonds UK US noun [plural] STOCK MARKET ► new bonds that replace old bonds that have matured …   Financial and business terms

• Crossover Refunding — A local government s issuance of new municipal bonds (called refunding bonds) in which the proceeds of the refunding bonds are placed in escrow and used to make debt service payments on the refunding bonds until the call date of the original… …   Investment dictionary

• пререфинансирование — Процедура, называемая на Уолл стрит pre ге, в ходе которой эмитент облигаций выпускает другие облигации для того, чтобы оплатить первый выпуск по наступлении первой даты досрочного погашения (call). Прибыль от продажи второго выпуска облигаций… …   Финансово-инвестиционный толковый словарь

• ОБЛИГАЦИЯ — BONDПроцентный долговой сертификат, один из серии составляющих ссуду правительству или деловой корпорации или офиц. обещание заемщика выплатить кредитору определенную сумму денег в указанную будущую дату с гарантией или без нее и подписанное и… …   Энциклопедия банковского дела и финансов

• блокированный до срока исполнения — Блокирование на специальном счете в банке средств, поступивших от продажи нового выпуска облигаций, для погашения в срок уже обращающихся облигаций. При значительном снижении процентных ставок эмитенты облигаций воспользуются правом досрочного… …   Финансово-инвестиционный толковый словарь

• History of New Orleans — The history of New Orleans, Louisiana traces its development from its founding by the French, through its period under Spanish control, then back to French rule before being sold to the United States in the Louisiana Purchase. It has been one of… …   Wikipedia

• Foreign policy of the United States — United States This article is part of the series: Politics and government of the United States …   Wikipedia

• Luke Thompson — Luke R Thompson (born August 13, 1984 in Trenton, New Jersey), an American, while 18 and a at Babson College, was sued by the Attorney General of Massachusetts, Thomas Reilly, along with his company Mainline Airways LLC, a tour operator, in June… …   Wikipedia

• HA'ANAKAH — (Heb. הַעֲנָקָה), the gratuity which the master was enjoined to pay his Hebrew bound servant when the latter was set free. This institution is the source, in Jewish law, of the laws of severance pay, i.e., payment of compensation to employees on… …   Encyclopedia of Judaism