ROFLMAO! "the Alabama bonds are Inducement Bon
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Posted On: 02/02/2024 11:02:36 AM
Re: Biggamejim #5947
ROFLMAO!
"the Alabama bonds are Inducement Bonds. "
Inducement is part of the process not a bond.
"The first step in a Bond transaction normally is obtaining an inducement resolution and agreement from the Issuer, sometimes known as a declaration of official intent (the “Inducement”). This constitutes an agreement in principle by an Issuer to issue Bonds for a proposed Project."
How does issuing a bond work?
A bond is a loan that the bond purchaser, or bondholder, makes to the bond issuer. Governments, corporations and municipalities issue bonds when they need capital. An investor who buys a government bond is lending the government money. If an investor buys a corporate bond, the investor is lending the corporation money.
Offer to expires 2/26
"the Alabama bonds are Inducement Bonds. "
Inducement is part of the process not a bond.
"The first step in a Bond transaction normally is obtaining an inducement resolution and agreement from the Issuer, sometimes known as a declaration of official intent (the “Inducement”). This constitutes an agreement in principle by an Issuer to issue Bonds for a proposed Project."
How does issuing a bond work?
A bond is a loan that the bond purchaser, or bondholder, makes to the bond issuer. Governments, corporations and municipalities issue bonds when they need capital. An investor who buys a government bond is lending the government money. If an investor buys a corporate bond, the investor is lending the corporation money.
Offer to expires 2/26
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