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A typical affordable housing project involves the syndication of government issued Low Income Housing Tax Credits (LITHC) that are sold to Wall Street firms.
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In the past three years, the opening of the green bond market has been led by multinational development banks and other supranational organizations, like the World Bank and the European Investment Bank, which have issued low-risk triple A-rated bonds, yielding rates comparable with U.S. Treasury bonds.
A call is particularly likely if the company in question issued low-coupon bonds last year whose proceeds could be used to call in the high-coupon bond you hold.
In addition, to provide a more "listenable" album, Rózsa arranged his score into a "Ben-Hur Suite", which was released on Lion Records (an MGM subsidiary which issued low-priced records) in 1959.
School officials fought back, arguing that prohibiting teachers from issuing low grades can help curb student discouragement and dropouts.
The analogy doesn't hold in reality, of course, because households don't print their own currency and typically can't raise funds by issuing low-interest bonds.
Federal regulators pressed ahead today with plans to issue low-power FM community radio licenses despite efforts by commercial broadcasters to block the program.
(This is also why, these days, the only way banks will issue low-down-payment mortgages is if they're insured by the federal government).
[C12.] Low-Power Radio Plan Moves Ahead Federal regulators pressed ahead with plans to issue low-power FM community radio licenses despite efforts by commercial broadcasters to block the program.
Controllers, in turn, make use of the Southbound API to interact with devices in the Forwarding plane, i.e., by issuing low-level instructions and collecting information.
But Google has been able to reward favored employees and nonemployees with options that were issued with low exercise prices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com