The Federal Government would pay the bond interest for five years.

Experts say they expect the bond interest to be slightly less than 6 percent.

This transaction eliminated the bond interest and put the railroad back on a reasonably sound financial footing.

Such borrowing makes municipal bond interest taxable under current law.

For Denver, it can't come too soon - it's paying $ 1 million a day in bond interest.

The fund also earned about $70,000 in bond interest.

Over all, there was a trading loss of $97,000, partially offset by $25,000 in bond interest.

If the decision is upheld, the state will have the choice of exempting every state's bond interest, or none.

Some states provide an exemption from state income tax for certain bond interest.

Its net revenue of $5,941.87 in 1917, was insufficient to pay the annual bond interest of 5 percent.