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.
Using a double-barreled approach to immunization, scientists have created a combination of vaccines that fends off deadly Ebola virus in monkeys.
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.
Songs like ``Fall to Pieces,'' ``Headspace,'' ``You Got No Right'' and ``Big Machine'' unleash that audio arsenal like a double-barreled shotgun.
Together, the findings hint at a double-barreled approach to treatment.
Once a new program - take the wildly popular Latino network Si TV - makes it on the basic platform, it becomes the immediate beneficiary of a double-barreled marketing subsidy: because so many viewers will peruse the network while surfing, it gets the incalculable benefit of free promotional advertising to its potential audience of millions.
Bugg's team arranged to crystallize 11 proteins in space using double-barreled syringes that slowly extruded and mixed a protein solution and a precipitating agent into a chamber lined with absorbent material.