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A status that the credit-rating agencies (Standard and Poor's, Moody's and Fitch) give a company while they are deciding whether to lower that company's[阅读全文:]
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A method of offering municipal bonds or similar financial instruments in which the issuing entity and a selected underwriter negotiate the terms of the iss[阅读全文:]
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A measurement of the value of a government's debt expressed in terms of the amount attributable to each citizen under the government's jurisdiction. It [阅读全文:]
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In a municipal bond issue, a ratio measuring the value of the municipality's net debt compared to the specified value of the real property being purchased[阅读全文:]
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A ratio comparing the net value of a municipal bond issue to the estimated market value of the property secured by the debt. This ratio can differ signific[阅读全文:]
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The opportunity lost when municipal bond issuers assume proceeds from debt offerings and then invest that money for a period of time (ideally in a safe inv[阅读全文:]
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A non-parallel yield curve shift in which long- and short-term yields decrease by a greater degree than intermediate rates. This yield curve shift effectiv[阅读全文:]
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Investment vehicles issued by various levels of governments containing variable coupon payments that increase and decrease with changes in the consumer pri[阅读全文:]
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A type of unit investment trust (UIT) that invests solely in municipal securities. Municipal investment trusts allow individuals to invest in a diversified[阅读全文:]
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A regulating body that creates rules and policies for investment firms and banks in the issuing and sale of municipal bonds, notes and other municipal secu[阅读全文:]