Sentence examples for settlement bond from inspiring English sources

The solution is a tobacco settlement bond, a kind of tax-exempt municipal bond backed entirely by revenue from the settlement.

Yields on tobacco settlement bonds have fallen as prices have risen.

Tobacco settlement bonds also yield more after taxes than comparable corporate bonds issued by the tobacco companies, Mr. Fitterer added.

Tobacco settlement bonds are backed by a single source of revenue -- the payments from the tobacco companies.

Since then, more than $4.4 billion in tobacco settlement bonds have been sold by states including South Carolina, Alaska and Alabama as well as cities and counties including Westchester and Nassau Counties in New York.

RAYMOND J. ORLANDO Manhattan, Aug. 29 The writer is director of investor relations for TSASC Inc., a nonprofit organization that issues tobacco settlement bonds.

The Secure Income Bond promised an annual 7.5% return, based on an obscure US investment known as life settlement bonds – effectively life insurance plans given up by their holders.

If demand for the settlement bonds pushes prices higher, resulting in lower yields, or if the fundamentals of the tobacco companies weaken, Mr. Fitterer said he would be inclined to sell some of the bonds.

Now let's examine the tobacco settlement bonds.

Finally, our short-term cash crunch would be eased if the state refinanced the interest rates on its tobacco-settlement bonds.

Investors who bought the rights to compensation payments from tobacco firms following a king-size legal settlement are also feeling irritable.Tobacco-settlement bonds are a tribute both to the inventiveness of bankers and the childlike impatience of politicians.