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Bonds, bonds, bonds

Bonds, bonds, bonds
napavalleyregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from napavalleyregister.com Daily Mail and Mail on Sunday newspapers.

Mark Smithers , General Obligation Bonds , Revenue Bonds , குறி ஸ்மிதர்ஸ் , வருவாய் பத்திரங்கள் ,

Public meetings for week of March 14

Public meetings for week of March 14
columbian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbian.com Daily Mail and Mail on Sunday newspapers.

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Muni Recovery Trade Wins Big as Covid-Battered Bonds Rally Back

(Bloomberg) The best bet in America’s municipal-bond market is on life returning to normal.The Bloomberg Barclays index of the riskiest municipal securities backed by lease payments which includes those issued by the owner of Chicago’s McCormick Place convention center, the American Dream shopping mall in New Jersey and Hartford, Connecticut’s baseball stadium has returned more than 5% so far this year even after the recent selloff in the bond market. That’s five times more than the overall return on municipal junk bonds and stands in contrast to the losses investors have suffered on investment-grade debt.The returns reflect optimism that the end of the pandemic will herald the return of spectator sports, industry conventions and office life all of which have been in virtual hibernation since last March. That promises to revive the streams of revenue like hotel taxes that back local government bonds sold for civic projects.“The reopening b ....

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STAR Bonds program extension back on table for state lawmakers

A financing program aimed at spurring economic development is causing a rift among Kansas Republican legislators.
While Republicans tend to stick together and overwhelm the other party with their two-thirds majority, this particular issue has not recognized any party lines.
STAR Bonds, short for Sales Tax and Revenue Bonds, allows municipalities to issue bonds to finance development of major commercial, entertainment and tourism projects. Bonds are paid off through sales tax revenue generated by the project.
The program expires in June, but the Kansas Department of Commerce wants to extend it five more years.
While the program has had a lot of success, there are a lot of things we can do better, said David Soffer, with the department, during a hearing last month. ....

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First U.S. Senate vote on COVID-19 aid bill possible Thursday

The U.S. Senate could hold a vote on whether to begin debating President Joe Biden's $1.9 trillion coronavirus aid bill at 1 p.m. ET (1800 GMT) on Thursday with Vice President Kamala Harris on hand to break a possible 50-50 tie, a Senate Democratic aide said. ....

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