Durham, N.C., Moving Ahead With Long-Delayed Rice Swap
- Durham, N.C., City Council to Vote on Rare Swap Deal With Rice Financial. DeSue, Tedra // Bond Buyer;4/4/2005, Vol. 352 Issue 32103, p48
Reports on the swap agreement called synthetic fixed rate financing of the city council with Rice Financial Products Co. in Durham, North Carolina. Opportunity to save money from the agreement; Risk on the city by the swap agreement; Reasons for the scrutiny on the agreement.
- Rice Settles With West Basin Through Swap. Hume, Lynn // Bond Buyer;5/9/2007, Vol. 360 Issue 32625, p1
The article reports on the settlement of charges of Rice Financial Products Co. with the West Basin Municipal Water District over an allegedly fraudulent and unfair 2001 swap by entering into a new basis swap. The new swap, which estimatedly totaled to $220.58 million, was detailed in agreements...
- Durham, N.C., Makes an About-Face on City Swap Policy. Sigo, Shelly // Bond Buyer;4/6/2005, Vol. 352 Issue 32105, p4
Reports on the decision of the City Council to invest its present-value savings and change its swap policy with Rice Financial Products Co. in Durham, North Carolina. Speculations on the council's decision; Reason for the swap transaction; Terms of the swap policy.
- Rocket Scientists With Attitude. Cintron, Ivan; Seals, Kimberly Lanise // Black Enterprise;Jun2000, Vol. 30 Issue 11, p226
Provides information on African American-owned financial services firm Rice Financial Products Co. Competitors of the company; How J. Donald Rice Jr., president of Rice Financial, defines derivatives; How the company persuade its clients to add municipal derivatives to their financing menu.
- DERIVATIVES & STRUCTURED PRODUCTS. // Bond Buyer;3/26/2002, Vol. 339 Issue 31352, p27
Presents a chart and graphs depicting the market performance of derivatives and structured products in the U.S. Decrease of the Municipal Swap Index; Rates of index-linked muni swaps; Comparison of swap rates and bond yields.
- Hot ticket: Emerging markets derivatives. Hamburg, Jill; Smith, Michael // American Banker;8/22/1996, Vol. 161 Issue 161, p18
Reports on the growing preference of derivatives traders for emerging markets transactions as a profitable alternative to common swaps. Bank charges for common swaps and derivatives instruments; Basic types of emerging-markets derivatives; Emerging-markets derivatives businesses of major United...
- Derivatives & structured products. // Bond Buyer;01/05/98, Vol. 323 Issue 30303, p32
Presents a chart and graphs on swaps and derivative securities in the United States. Municipal swap index; Index-linked municipal swaps; Swap rates and bond yields.
- Connecticut agency's single-family swap is `capstone' to mortgage effort. Reynolds, Katherine M. // Bond Buyer;05/26/98, Vol. 324 Issue 30400, p35
Reports on developments concerning derivative securities and structured products in the United States as of May 26, 1998. Includes Connecticut Housing Finance Authority's entry into a tax-exempt swap associated with single-family mortgages; Broward County, Florida's entry into the swap markets...
- Law panel recommends caution when entering into contracts with municipalities. Koning, Rachel // Bond Buyer;11/23/98, Vol. 326 Issue 30526, p32
Focuses on derivatives attorneys at a Practising Law Institute's `Swaps and Other Derivatives in 1998' conference in New York's call for their fellow counsel to be cautious in their dealings with municipalities. Failure of bankruptcy legislation that would have clarified default responsibility...