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.
and Japanese researchers have hit on a double-barreled vaccination strategy that recruits CTLs to fight a variety of AIDS virus strains.
Together, the findings hint at a double-barreled approach to treatment.
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.