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Municipal bonds agencies also known as Bond banks or Local government funding agencies exist in other countries, such as Sweden and Finland. [42] In New Zealand, the Local Government Funding Agency (LGFA), is the second-biggest issuer of New Zealand-dollar debt behind the government.
We round up the best deals at supermarkets, retail stores and restaurants and on entertainment, travel, pharmacies and more for those ages 50+ — updated for June 2024.
Learn about the structure, history and functions of local government in the United States, from counties and municipalities to special districts and school boards.
The State and Local Government Series (SLGS) is issued to government entities below the federal level which have excess cash that was obtained through the sale of tax-exempt bonds.
Right to Buy. The Right to Buy scheme is a policy in the United Kingdom, with the exception of Scotland since 1 August 2016 and Wales from 26 January 2019, which gives secure tenants of councils and some housing associations the legal right to buy, at a large discount, the council house they are living in. [1] [2] [3] There is also a Right to ...
Discounts and allowances. Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product ...
Alternatively, when a zero coupon bond issued by a US state or local government entity is purchased, the imputed interest is free of U.S. federal taxes and, in most cases, state and local taxes.
Local government is a generic term for the lowest tiers of governance or public administration within a particular sovereign state. Local governments typically constitute a subdivision of a higher-level political and/or administrative unit, such as a nation or state. Local governments generally act within the powers and functions assigned to ...
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments, and to repay the face value on the maturity date.
Local government funding agency. A local government funding agency (LGFA) or bond bank, or other terms, is financial institution that serves as a vehicle for local government authorities such as municipalities, county councils and regions to access capital markets for the purpose of jointly procuring credit for public investment projects.