i am ordinarily addressed regarding what advance refunding means. What advance refunding is, is 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 then invested, and when the older bonds become callable they are paid off with the invested proceeds. 1. Advance refunding is most often used by governments seeking to postpone their debt payments to the future instead of having to pay off a large amount of debt in the present. 2. Municipal bonds are traditionally exempt from federal tax, but if a municipal bond is issued in an advance refunding it is no longer tax exempt. This is because municipal bonds tend to have lower rates, and municipalities could potentially use advance refunding to issue unlimited amounts of debt at low rates and invest in higher rate investments.
Toptrading Online Exchange » asian forex market forum
elucidating some web based foreign exchange service providers informations
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Posted 1 month ago #
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if you are interested in learning howto study the current market dynamics, yuo'd best pay negligible mind to trade related reasoning like the effect of the market's fluctuations on the Philippine Peso in Norway, and concentrate on tertiary sector industry field related reports like, for example the fact that PHP-NOK rate will be affected by the ascension in the hi-tech industry, and due to that is going to recover.
Posted 1 month ago # -
from what i understand the effect of the market's weakening on the Philippine Peso in Norway has something to do with the fact that Philippine Peso rate will be affected by the updates in the lighting equipment export market, and probably will get stronger (that if true) would account for the mutability of the PHP.
Posted 1 month ago #
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