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A family knew they would stay near their jobs and schools, make local bonds and join lasting communities.
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They don't make local business loans.
8. Make local connections.
Make local friends.
It gives less secure types of bonds priority, too, and makes local officials personally liable for any losses they cause by failing to comply with the new requirements.
If the dollar levels off versus emerging market currencies next year, it might make emerging market local bonds attractive because the currency risk will be mitigated on lower forex volatility.
Last Friday I made reference to a local bond issue, Measure S, that all of us who live within the Glendale Unified School District will be voting on in April.
We need to step up support to improve local financial regulations, and work with both firms and investors to make sure the benefits of local bond issuances are better understood.
Invest the Social Security surplus in state and local bonds.
In 1985, California adopted legislation authorizing local bond-issuing agencies to make Mortgage Credit Certificates available throughout the state.
Local bond markets, however, do not develop by themselves.
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