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Combination Bond |
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Combination bond A bond backed by the government unit issuing it as well as by revenue from the project that is to be financed by the bond.
Combination Bond A municipal bond with the coupon and principal guaranteed both by the general revenue of the municipality issuing the bond and by the revenue of the project the bond finances. If the revenue from the project is less than expected and is not enough to make payments, the municipality will make them instead. A combination bond is intended to reduce the risk to the bondholder to the least possible amount; therefore, interest rates on them are fairly low. It is also called a double-barrel municipal bond. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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I am totally delighted that we will get to look at a combination bond issue for open space and playing fields," Mayor The Smart Combination Bond offers the total security of 100 per cent guaranteed return of capital, along with significant growth potential. That IgE-pollen combination bonds well with mast cells, which contain histamines and |
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