Illinois Will Offer Triple-Header Sales

Shields, Yvette
May 2003
Bond Buyer;5/5/2003, Vol. 344 Issue 31628, p1
Trade Publication
Illinois will offer sales in three separate investor markets with transactions that include 1.5 billion dollars of notes, 400 million dollars of tax-exempt general obligation (GO) bonds, and the first � still unsized � tranche of up to 10 billion dollars of taxable pension GOs. Depending on the international taxable market's capacity for the debt and the ability of the state to meets its interest rate targets, the state could sell from several billion to 10 billion dollars. One market analyst agreed that a deal supported by a state credit in the double-A range would receive strong investor interest, but added that presenting all 10 billion dollars to the corporate market on the state's first major outing was far too ambitious.


Related Articles

  • Debt funds investment better than FDs.  // Money Today;Sep2011, p22 

    The article points out that debt funds are better investment options than fixed deposits (FD) because of tax adjustments. According to the article, risk-averse investors are attracted to FD because of double-digit annual returns and no risk. It describes debt funds as income funds offered by...

  • P Finance -- pensions. Horne, Suzie // Farmers Weekly;11/21/2003, Vol. 139 Issue 21, p22 

    The article announces that pension investors wanting to carry back contributions and use up surplus tax relief from the 2003 tax year only have until Jan 31, 2004 to do this. For those who have anything to invest beyond the business, pensions and investments generally continue to suffer a lack...

  • Make the most of it. FREEMAN, PETER // Money (Australia Edition);Jun2013, Issue 157, p100 

    The article discusses the opportunity for investors to reap the benefits of superannuation in Australia as the government plans to implement a future tax squeeze on super. The Australian government has released new superannuation proposals in April 2013. According to the author, these proposals...

  • THE SUPER HANDICAP. Sibillin, Anthony // BRW;7/16/2009, Vol. 31 Issue 28, p56 

    The article focuses on the taxation system on superannuation in Australia and the suggested alternatives for superannuation. It notes that investors' lack of control with their investments and the risk of political interference trigger investors to consider other vehicles, although...

  • Stakeholder still irrelevant without changes, says Bee.  // Money Marketing;11/11/2004, p2 

    Reports on the status of the stakeholder pensions in Great Britain. Alleviation of the suitability issue of the stakeholder pensions; Introduction of measures to make pensions universally suitable; Provision of full advice for fear of future misselling claims.

  • Executive sweetener. Lewis, James // Canadian Investment Review;Winter2004, Vol. 17 Issue 4, p7 

    Focuses on the need for pension companies to improve executive pension governance in Canada. Purpose of supplemental employee retirement plans; Actions taken by several investors' associations to improve pension benefit disclosure; Disadvantages of awarding additional years of pension...

  • Asset A1 location: The Evolution of Multiemployer Pension Investing. Waite, Jonathan // Benefits Magazine;Oct2013, Vol. 50 Issue 10, p22 

    The article discusses the changes in multiemployer pension investing and its impact on investors. The creation of multiemployer pension funds was made with the passing of the U.S. Taft-Hartley Act of 1947. It is stated equity markets were able to perform well in the 1990s, with fixed income...

  • Savings and investment takeaways. WICKENDEN, TONY // Money Marketing;12/8/2016, p40 

    The article presents the changes to the pensions in Great Britain. It states that taxpayers who invested in offshore reporting funds pay income tax on their share of the reportable income of a fund. It notes the dividend distributions to the corporate investors. It mentions the national savings...

  • TAXATION OF COMPANIES.  // Accountancy Ireland;Dec2001, Vol. 33 Issue 6, p65 

    Reports developments related to taxation of companies in Ireland. Details of the consultative document by the Department of Trade and Industry; Relief for bad debts available for joint venture investors; Changes in the Model Treaty of the Organization for Economic Co-operation and Development.


Read the Article


Sign out of this library

Other Topics