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.
Stephen Wyn Lewis is also accused of possessing a double-barreled shotgun with intent to cause fear of violence.
"He got home just in time to kiss his wife goodbye and send her off on her own yearlong deployment." 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.
Using a double-barreled approach to immunization, scientists have created a combination of vaccines that fends off deadly Ebola virus in monkeys.
The use of short shells just changes the whole character of these short, double-barreled side-by-sides.
and Japanese researchers have hit on a double-barreled vaccination strategy that recruits CTLs to fight a variety of AIDS virus strains.