Bond Demand And Interest Rates In Travis
Category:
State:
Multi-State
County:
Travis
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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Learn about the relationship between bond prices and interest rates. All Justice of the Peace offices now accept civil filings electronically.If the prevailing interest rate goes up, the face value of the bond will decrease. Travis County, TX Series 2024 Bonds And Certificates Rated 'AAA'; Stable Outlook. The Treasury yield curve reflects the cost of U.S. government debt and is therefore ultimately a supply-demand phenomenon. Domestic Relations' attorneys are Friends of the Court and do not represent either parent or the child(ren). As high as two percent in the 1990s. The value of Bonds fluctuate and any investments sold prior to maturity may result in gain or loss of principal. So what moves the yield curve up or down? In the past, bridging finance was more like a personal loan with high interest rates.
