When a municipality has sufficient funds but cannot call the bond before the maturity, it can buy Treasuries, place them in an escrow account, and use the interest proceeds to pay the muni interest. Such process makes the pre-res almost as safe as US Treasuries, but tax-free. At the maturity of the munis a municipality will sell Treasuries and buy back the muni bonds with the proceeds.
Bonds are "escrowed to maturity" when the proceeds of the refunding issue are deposited in an escrow account for investment in an amount sufficient to pay the principal of and interest on the issue being refunded on the original interest paymentand maturity dates, although in some cases an issuer may expressly reserve its right (pursuant to certain procedures delineated by the SEC) to exercise an early call of bonds that have been escrowed to maturity. Bonds are considered "prerefunded" when the refunding issue's proceeds are escrowed only until acall date or dates on the refunded issue, with the refunded issue redeemed at that time.
When a municipality has sufficient funds but cannot call the bond before the maturity, it can buy Treasuries, place them in an escrow account, and use the interest proceeds to pay the muni interest. Such process makes the pre-res almost as safe as US Treasuries, but tax-free. At the maturity of the munis a municipality will sell Treasuries and buy back the muni bonds with the proceeds.
No Steam does not do refunds. There is an exception. If you pre-order a game and want that pre-ordered game to be refunded, then it can be refunded as long as it is refunded before the game is released.
Municipal bonds are either general obligation or revenue bonds.
Municipal bonds are used to borrow against assets.
Municipal Bonds are bonds that are tax exempt from many tax offices. Municipal Bonds are exempt from tax when they are accepted by the local tax office depending on the law of the state.
I believe this is the best and most updated list of Oregon Municipal Bonds that are available. http://investment-income.net/rates/municipal-bonds-rate-page
When looking to secure insured municipal bonds to gain some advice before securing any. Sites such as Bank Rate offer information about insured municipal bonds. Information about how to get insured municipal bonds is available from the news section of the Morning Star website.
An investment banker can provide information on municipal bonds and stocks. When purchasing municipal bonds you are technically lending money to the bond and in return getting reimbursed with interest.
Municipal bonds are isused by counties, cities and states. They can be purchased directly from them upon their release. Another way to buy municipal bonds is through a broker.
One can find out information about purchasing municipal bonds from the Securities and Exchange Commission website. There is an informative bulletin regarding municipal bonds located on their website.
William L. Raymond has written: 'State and municipal bonds' -- subject(s): Investments, Municipal bonds, State bonds