The investment management mandate spans four fixed income solutions: MD Short Term Bond Fund, MD Bond Fund, MDPIM Canadian Long Term Bond Pool
, and MDPIM Canadian Bond Pool
TD Asset Management Inc (TDAM), the manager of TD Mutual Funds (NYSE: TD) (TSX: TD), has said that the name TD World Bond Pool
has been changed to TD Income Opportunities Pool as on July 21, 2010.
Eddie Tech is finalizing program details and anticipates issuing the first bond pool
in the first quarter of 2010.
Under SMCRA, states have flexibility to require mine operators to provide a bond for the full cost of reclamation or participate in an alternative bonding system such as a bond pool
, which may combine bonds, taxes on coal production, and other sources of funding.
To date, there is well over $10 million in Grow Bond pool
Thus, IDBs are normally used only for transactions between $500,000 and $10 million; however, smaller IDB transactions ($500,000 to $2 million) can take advantage of the State's Enterprise Bond Pool
Program, which also has lower interest costs.
The County Pools consisted of the Commingled Pool, the Bond Pool
and Specific Investments.
Although there are a large number of individual borrowers, concentration is moderate for a municipal bond pool
, with the top 10 representing approximately 44% of the aggregate loan pool.
A bond pool
is a financial intermediary between the municipal bond market and cities that need loans for capital projects.
Fitch views the concentration as moderate-to-high for a municipal bond pool
Russell Investments Canada appointed DDJ as a high yield sub-adviser for the Russell Global High Income Bond Pool
, a Canadian mutual fund
The plan calls for the 150 municipalities do invested in the county bond pool
to forgive about $800 million owed to them under the bankruptcy settlement agreed to last May.