Municipal Issuer

Municipal Issuer

A local, provincial or state government that issues a bond. Municipal issuers seek to raise capital for improvements in infrastructure or other aspects of the municipality. For example, a city or school district may issue a bond to build a new school or a new playground. Bonds from municipal issuers are exempt from federal income taxes and sometimes from state and local taxes as well. Risk varies with the issuer and the particular type of municipal bond.
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As HDC president, he led one of the nation's most active Housing Finance Agencies and the largest municipal issuer of mortgage revenue bonds for affordable multifamily housing.
Given the unlikely nature of the stress scenarios, and the minimal rating impact, Fitch views the fund's permitted investments, municipal issuer diversification framework and mandatory deleveraging mechanisms as consistent with an 'AAA' rating.
question of whether a municipal issuer should incur debt in the first
The methodology results in a long-term rating that is up to two notches higher than the stronger of the two credits if the following conditions are met: (1) both entities have a rating of 'A' or higher; (2) the transaction is structured such that payments from both the municipal issuer and the bank are in the flow of funds and both entities would have to fail to perform before the bonds defaulted; and (3) the interest rate modes to be covered by Fitch's rating provide for either a mandatory purchase at the end of each interest rate period, or a purchase demand option.
When a municipal issuer plans to sell bonds, it often has several conversations with its municipal advisors and underwriters about the types of prices to expect.
Given the unlikely nature of the stress scenarios, and the minimal rating impact, Fitch views permitted investments, municipal issuer diversification framework and mandatory deleveraging mechanisms as consistent with a 'AAA' rating.
Given the unlikely nature of the stress scenarios, and the minimal rating impact, Fitch views the funds' permitted investments, municipal issuer diversification framework and mandatory deleveraging mechanisms as consistent with an 'AAA' rating.
Given the highly unlikely nature of the stress scenarios, and the minimal rating impact, Fitch views the funds' permitted investments, municipal issuer diversification framework and mandatory deleveraging mechanisms as consistent with an 'AAA' rating.
NLC particularly noted the potential impact on smaller cities: "The Proposed Regulations require that a municipal issuer actually receive three bids from qualified (i.
Issuers of municipal securities and persons assisting in preparing municipal issuer disclosures are encouraged to consider whether such disclosures should contain a discussion of Year 2000 issues.
One, any disclosure must be accurate and complete because when a municipal issuer releases information to the general public that is reasonably expected to reach investors and the trading markets, it is subject to the general antifraud provisions of the federal securities laws.
An obligated person is any person, including a municipal issuer or a conduit borrower, who is committed by contract or other arrangement to support payment of the securities issued.

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