Removing that risk assures the privilege of issuing bonds will be richly and increasingly abused.
The company periodically replaces that debt with longer-term debt the company obtains by issuing bonds.
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Google has borrowed money through issuing bonds even while it has huge cash reserves.
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China's state planning commission last week issued rules banning companies whose debt exceeded 90% of assets from issuing bonds.
The SEC has also recommended broader disclosures by local governments, which have long provided little information of their finances in issuing bonds.
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Many big companies are in any case able to bypass banks and raise funds directly from the markets by issuing bonds or shares.
In contrast, there were 16 questions on the March, 2012, Primary Ballot that had to do with issuing bonds or increasing tax rates.
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Several California school districts are talking to Wall Street about issuing bonds, as some states have done to shore up ailing pension plans.
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It is also money the country has already borrowed by issuing bonds and treasury bills to pay for programs we have funded in the past.
He wants to raise the needed money by issuing bonds instead.
The chancellor's plan is take a long-term approach to aid by issuing bonds to raise cash up front and effectively lock-in future governments to the strategy.
Clearly, issuing bonds only to buy them yourself does not in fact achieve the aim of raising money that can be spent on such sovereign bonds.
The Ethiopian government is issuing bonds and the population, all 85 million of us, are buying bonds in order to chip in to this huge Nile project.
In 2011, SEBI said that two Sahara real estate companies broke securities rules by issuing bonds to individuals between 2008 and 2011, but masking them as private placements.
The whole Eurozone problem is that each Eurozone country was issuing bonds in what was effectively a foreign currency, and so it lacked an effective lender of last resort.
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The Garden State has decided to take a bank loan instead of issuing bonds because the later would require more time to raise the necessary amount of cash to pay its bills.
And because of its recent failure to push through a comprehensive tax-reform package, he says, the government will have to rely on selling state assets and issuing bonds to balance its books.
The Soviet Union is presently barred entry into the U.S. market under the provisions of the Johnson Debt Default Act which precludes countries in default with the United States from issuing bonds here.
It is telling that one policy he has spelled out clearly is his plan to increase investment in the Tube by issuing bonds and not, as Mr Blair wants, by means of a public-private partnership.
They've managed to do so by issuing bonds that are backed by future settlement revenues but, with the exception of some from New York and California, are bankruptcy remote--meaning the states offer no additional backstops.
That has helped to bring down yields on other financial assets, notably corporate bonds, which has benefited big companies by allowing them to raise money through issuing bonds rather than borrowing from banks (see chart).
When a company or a government needs to borrow money it can borrow from banks and pay interest on the loan, or it can borrow from investors by issuing bonds and paying interest on the bonds.
Worse yet, the balance shifts even more decidedly in the Soviets' favor if, as a result of this settlement, Moscow can begin issuing bonds and other debt instruments in the United States and on a dollar-denominated basis off-shore.
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According to a new study by Dresdner Kleinwort Wasserstein, an investment bank, an increasing number of companies may find that such shortfalls will affect their credit ratings and so increase the cost of raising money by issuing bonds to investors.
One study found that the cost of issuing a bond in Mexico was about half as much as in Brazil or Chile, owing to expensive disclosure requirements in Brazil and a stamp tax in Chile, which makes issuing bonds dearer at home than abroad.
The number of weak companies (those rated B- or lower) issuing bonds was more than a third of the total in the third quarter, a level which usually spells trouble two to three years down the line, in the form of a pick-up in default rates.
While the decline in short-term yields is difficult to figure out, the reason for the rising interest rates on the longer end of the maturity spectrum has what seems to be an obvious cause: the U.S. government is going to have to pay for its bailout of America's financial industry by issuing bonds.
In 2010 or 2011, issuing government bonds may prove a much harder (and more expensive) task.
The 1995 Kobe-Kansai earthquake cost the government some JPY 5 trillion, which was financed by issuing government bonds.
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