capital bonds

Capital Bonds pay the equivalent of 9 per cent a year before tax if you leave the money invested for five years.

The detailed provisions of convertible capital bonds vary but the following is typical.

Fares pay for about half the operating budget, support capital bonds and directly finance some improvement projects.

However, the Trust Fund relies heavily on revenue from capital bonds.

From the standpoint of the subsidiary, convertible capital bonds are clearly debt since the obligation to pay interest is an obligation to transfer economic benefits.

Convertible capital bonds are debt instruments on which interest is paid periodically, issued by a special purpose subsidiary incorporated outside the UK.

As social capital bonds and stronger homogeneous groups form, the likelihood of bridging social capital is attenuated.

The most successful products in March were the 36th issue fixed interest certificates and Series C Capital Bonds.

For longer-term investments, a good guaranteed rate for non-taxpaying children is offered by National Savings Capital Bonds.

The parks commissioner rebuilds neighborhood parks, ice-skating rinks and swimming pools using capital bonds, instead of preventive maintenance expense money.

Then, it would sell capital bonds in the same amount and give the proceeds to the M.T.A. for use on Transit Authority capital projects.

Series G Capital Bonds offer a gross return of 7.75% a year (v compound, 9% Series F) if held for five years.

-Enters the market with a coupon of 6.4% per annum for its Tier-II capital bonds issue of Rs.60cr on a private placement basis.

These include National Savings income bonds, deposit bonds, capital bonds, the National Savings Investment Account and also certain specialist types of gilts.

From 7 December, National Savings has made available new issues of Savings Certificates, Capital Bonds and Children's Bonus Bonds at lower rates.

Since then and up to the middle of 1986, more than $145 million in capital bonds and notes have been expended by Nassau County for the development of Mitchel Field.

If building continued on pace, the report said, the cost of debt service on capital bonds, which must be paid out of annual operating revenues, would climb to $5.9 billion in fiscal 1999 from $2.1 billion now.

This is an area that has come to prominence in recent years as new kinds of instruments such as auction market preferred shares (AMPS), convertible debt with premium put options and convertible capital bonds have appeared.

Since the liabilities are convertible, the amount attributable to convertible capital bonds should be included in the amount of convertible debt which should be stated on the face of the balance sheet separately from other liabilities.

Unsuccessful bipartisan legislative efforts last session produced bills that would have changed the center's designation from teaching hospital to public hospital (expanding opportunities for state money), or imposed a one-eighth of 1 percent sales tax in Hudson Valley counties served by the center, or allowed it to issue capital bonds.