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 ?
Judge McKinnon, sitting with Mr Justice Roderick Evans at London's Appeal Court, said the gun, a 12-bore double-barrelled shortened shotgun, was rusty when found by police.
He returned home and found she wasn't there and his 12-bore double-barrelled shotgun was missing.
The obsession with double- barrelled names and titles may seem appropriate to people with double-barrelled names and titles but, in general, such upper-crust gentry lack one major asset.
The shotgun and double-barrelled shotgun aid gamers against the hordes of monsters; rocket launchers explode with a blazing trail as they annihilate enemies; and the grenade launcher kicks with terrific power as the ammo bounces around before erupting.
DOUBLE-BARRELLED Arsenal striker Alex Oxlade-Chamberlain gave Iceland both barrels last week and had bookies doing a double-check.
A SOUTHPORT man has admitted possessing a double-barrelled shotgun without a certificate.
I thought her double-barrelled toff husband was unlikely to keep her off the booze.
The butt of a double-barrelled shotgun and three air rifles were also found following a raid on a house in Lytham Road, Rugby.
He mounted a double-barrelled attack on both Labour and the Tories ahead of key ballots in 344 councils across England and Scotland.
As Kenneth Mackintosh walked home from church two shots from a double-barrelled shotgun blasted into him.
A MAN accused of wielding a double-barrelled shotgun in a pounds 50,000 armed raid on a jewellers was denied High Court bail yesterday.
One of the raiders was carrying a double-barrelled shotgun.