Demand In Bond Market In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-00415BG
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Word;
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Description
A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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Market timing and interest rate sensitivity are not critical to the pricing. •. With respect to called bonds and Alameda CTC may designate in a Request of Alameda CTC delivered to the Trustee.Alameda County, CA has a financial profile in sharp contrast to its ESG risks. We break it down via MuniCREDIT Online and MuniESG scoring. We believe that the Federal Reserve should establish a program to provide muchneeded liquidity to the shorttenn municipal bond market. The City of Alameda is creating an Economic Development Strategic Plan (EDSP) that will guide the City's efforts to support Alameda's economic prosperity. ‒ Administrative expenses may be paid before or after debt service. ▫ Bond market conditions. In return, the issuer agrees to pay you a fixed rate of interest and return your principal in a set amount of time. The Rating Outlook on all bonds is Stable.
