Bonds

Individuals can vote on whether to fund the building and renovation of school facilities through a school bond election. It’s a request that the elected Board of Trustees be given the power to sell bonds when new facilities are needed. Is it wise to invest in school bonds? School bonds have a significant benefit over […]

The majority of the cost of school construction and maintenance is borne by the community. Local communities must vote to approve local property taxes in order for their school system to sell school bonds for a single project or series of projects. Local school bonds have required a 55 percent supermajority since the adoption of

School districts are required by Oklahoma law to put a question on the ballot for voters to approve the issuance of new bonds. Bonds can be used for transportation, textbooks, technology equipment, new facility construction, or facility repairs, according to the law. Bonds used for transportation and technology can’t be more than ten percent of

How do bonds function? When funds are needed for capital improvements, the school system sells them as municipal bonds once or twice a year. The interest rate paid is determined by the bond rating of the district: the higher the bond rating, the lower the interest rate charged to sell the bonds. Is it a

A surety bond, at its most basic level, obligates the surety to pay a specified sum of money to the obligee if the principal fails to fulfill a contractual duty. Surety bonds are widely used by government entities, but they can also be used by commercial and professional parties. Surety bonds assist principals, who are

Since 1995, Ontario Savings Bonds have been issued every year. OSBs are 100% backed by the province of Ontario and are available in denominations ranging from $100 to $500,000 for small, medium, and large investors. OSBs are only available to citizens of Ontario. What is the procedure for redeeming my Ontario Savings Bonds? Except in

There is a pressing demand for investment in transportation capital infrastructure improvements, which much outnumbers available funds. According to estimates, $51.6 billion per year will be required over the next 20 years to maintain the existing state and performance of the roadway system. This requirement compared to expected spending of $38.7 billion each year, resulting

Savings bonds are debt securities issued by the United States government to cover its borrowing needs. When you buy a savings bond in the United States, you’re effectively lending your money to the government at a certain interest rate, and the government is responsible for returning the loan in full – principle plus interest. Because

Governments sell savings bonds to individuals to help support federal spending while also providing a risk-free return. Savings bonds are purchased at a bargain and do not pay interest on a regular basis. Instead, as they get older, their value rises until they reach their full face value. The length of time it takes for

Yes, to put it succinctly. While most EE bonds cannot be redeemed until after 12 months have gone after purchase, the last Patriot Bond was produced much beyond that time span, making it redeemable. However, there are a few things to think about before going to your bank to cash it in. Patriot Bonds mature