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Definition of 'Bond Bank'
A state-level entity that provides that state's smaller public entities with debt financing at a lower cost than what the small entity could obtain on its own. Bond banks serve cities, municipalities, schools, hospitals, water and sewer districts, and more. They are able to provide lower-cost financing as long as they have higher credit ratings than the entities that seek to borrow.
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Investopedia explains 'Bond Bank'
Not all U.S. states have bond banks. States that do include, but are not limited to: Maine, Indiana, Idaho, New Hampshire, New York and Alaska. Vermont was the first state to establish a bond bank. In some cases, bond banks make it possible for an entity that otherwise could not obtain financing to get it. For example, investors might be reluctant to invest in the municipal securities of a small town with limited resources, but eager to invest in munis issued by a larger entity with significant resources like a bond bank. Bond banks can also pool together a number of small offerings to provide investors with a more attractive diversified product.
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Search results for 'Bond Bank'
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http://financialedge.investopedia.com/financial-edge/0811/The-European-Central-Banks-Bond-Buying-Program.aspx
... The European Central Banks Bond Buying Program. Posted:
August 9, 2011 11:58AM by Mark Riddix. ...
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http://www.investopedia.com/articles/bonds/08/duration-convexity.asp
... (To learn more about bank assets and liabilities, read Analyzing A Banks Financial ...
rates, the larger the error in estimating the price change of the bond. ...
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http://www.investopedia.com/articles/bonds/08/bond-portfolio-made-easy.asp
... Earlier in the last century, bondholders were given a coupon book with their bond
and could go to the bank and present the coupon of payment or deposit. ...
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http://www.investopedia.com/articles/bonds/09/bond-rating-agencies.asp
... Any good investment firm, whether it's a mutual fund, bank or hedge fund will not
rely solely on the bond rating agency's rating and will supplement their ...
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http://www.investopedia.com/articles/bonds/09/corporate-bonds.asp
... Learn more in Bond Taxation Rules.); Which market would be optimal for the issue ...
in combination, and if so should it be a bilateral or syndicated bank transaction ...
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http://www.investopedia.com/articles/basics/04/052104.asp
... When it's anticipating a new federal bond issue, the central bank first conducts
an informal survey about current market conditions and the type of issue ...
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http://www.investopedia.com/university/bonds/bonds1.asp
... run into is that they typically need far more money than the average bank can provide. ...
Really, a bond is nothing more than a loan for which you are the lender. ...
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http://www.investopedia.com/articles/fundamental-analysis/08/texas-ratio.asp
... So even though the value of a mortgage-backed bond may have declined sharply, the
bank could still have that bond on its balance sheet at its original cost, so ...
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http://www.investopedia.com/articles/forex/05/041305.asp
... Factors of Assessment The spreads of both the five- and 10-year bond yields can
be ... also by the shift in economic assessment or plans by a central bank to raise ...
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http://stocks.investopedia.com/stock-analysis/2011/Bank-Of-America-Cleans-Up-Another-Mess-BAC-AGO-MBI-FMCC-FNMA-FBC-BRK-A0418.aspx
... By Email. The Bottom Line It has to be irritating to bond insurance company ... have
significant messes of their own to resolve, but if today's Bank of America news ...
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