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The monorail, officially a public transit system, was built privately and paid for through private bonds.
Many private bonds had similar provisions.
Public funds and bonds plus private bonds and equity are financing a major bridge-and-road project between Indiana and Kentucky (pictured).
The ECB, which holds Greece's remaining unrestructured private bonds, should act fastest, accepting terms similar to those imposed on private bondholders.There are complications.
It includes quite different kinds of financial transaction: bank lending, short- and long-term; investment in public or private bonds; investment in equities; direct investment in productive capacity.
Mr Weidmann has been one of the most vocal critics of the ECB directly buying government and private bonds, but with the spectre of deflation looming, Europe's central bankers are thinking again about unconventional policies.
Similar(40)
The most common are: Private bail bonds.
The private bond insurers are in trouble.
"We have had wonderful access to the private bond market," he added.
Legislation would increase private bond availability to allow construction of new schools.
The fees they incur when entering into agreements with private bond agents are non-refundable.
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