11. With bonding authority, you can sell bonds for projects and then pay off the bonds with a local property tax. 12. Zero coupon bonds are sold at, substantial discounts from par but pay no current interest. 13. An important feature of both the bought deal and traditional syndication is the lack of discipline over the price at which members of the syndicate sell bonds. 14. The government sells bonds to the banks. 15. They sell bonds on the open market. 16. The use of open-market operations or funding to reduce money supply involves selling more bonds. 17. Although it has raised more than enough money to finance its debt requirements this year, the Treasury has decided to sell more bonds at its monthly auction Monday. 18. Already, a wide variety of companies is lining up to sell bonds. 19. Also, the small size of the market may deter companies from selling the bonds. 20. Among new issues, two junk-rated companies sold bonds. |