Demand For Bond Market In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-00415BG
Format:
Word; 
Rich Text
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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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The City of Phoenix Finance Office shall create a sub-portfolio for all green and sustainability bond proceeds to be easily tracked and reported. See "TAX MATTERS Tax Exempt Bonds .A yield curve plots the interest rates of bonds that have equal credit quality but different maturity dates. The three types are normal, inverted, and flat. Bond yields and bond prices move in opposite directions, impacting the market value of other investments. And provide feedback to bolster market demand. Improved market demand can lower borrowing costs. Please fill out a Speaker Request form prior to addressing the Council.

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Demand For Bond Market In Phoenix