Double-barreled


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Double-barreled

Describes backing of the principal and interest of a smaller municipal revenue bond by a larger municipal entity.

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.
References in periodicals archive ?
Repeat these steps on a second drum, and you're set to build your very own Double-Barreled shelter.
When they escape the double-barreled shotgun and fly off, they may carry with them nature's revenge, introducing new flu virus strains right and left: to domestic animals or directly to humans, increasing risks for new pandemics.
Stephen Wyn Lewis is also accused of possessing a double-barreled shotgun with intent to cause fear of violence.
CANYON COUNTRY - It proved a double-barreled sting for sheriff's deputies who arrested a Boron man, found he was selling marijuana behind a Canyon Country Ralphs market and took over his business using fake weed, authorities said.
The Stewmons are representative of a small but growing number of "dual-military families" that are "taking a double-barreled hit from the Army's supercharged operations tempo the past two years.
Clinical studies show that rapamycin also appears to both inhibit the formation of tumors and suppress tumor angiogenesis (the development of the blood vessels a tumor needs to obtain nutrients from its host), thus taking double-barreled aim at human cancers.
The use of short shells just changes the whole character of these short, double-barreled side-by-sides.
Using a double-barreled approach to immunization, scientists have created a combination of vaccines that fends off deadly Ebola virus in monkeys.
Similar to other double-barreled (PFC and subordinate general airport revenue bond) structures, the weaker pledge of subordinate net airport revenues securing the airport's subordinate lien airport revenue bonds is mitigated by a pledge of PFC revenues, with the combined streams consistently yielding strong debt service coverage.
On Sunday, McAnally, 73, will take a double-barreled shot at the $400,000 Eddie Read when he saddles Sweet Return, ridden by Alex Solis, and Fast and Furious, with Victor Espinoza.
and Japanese researchers have hit on a double-barreled vaccination strategy that recruits CTLs to fight a variety of AIDS virus strains.
The shares have not managed to close above this threshold of double-barreled resistance since October 4.