Serial Bond definition
Examples of Serial Bond in a sentence
These criteria are deemed fulfilled when Serial Bond is at least EUR 3 billion in size and a majority of Primary Dealers have participated in the offering of the bond.
The general criteria for a Serial Bond to be assigned as a Benchmark Bond are sufficient size, liquidity and diversification among investor base.
A list of Benchmark Bonds is published on State Treasury’s internet site ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇ which will be updated as a new Serial Bond attains Benchmark Bond status or an existing Serial Bond loses its Benchmark Bond status.
Primary Dealer shall participate in Serial Bond auctions by submitting one or more binding bids that in aggregate amount to at least 5 per cent.
Primary Dealer shall participate in Serial Bond and other Government Bond issuances as decided by State Treasury.
Primary Dealer shall participate in Serial Bond auctions by submitting one or more binding bids that in aggregate amount to at least 2 per cent.
If and when an HFA issues Serial Bonds on a delayed issuance basis (each, a “Reset Date”) and delivers to the bond indenture trustee and the GSEs a related certificate of Serial Bond issuance and calculation of the release amount pursuant to the Serial Bond Ratio Requirement, Escrowed Proceeds will be released simultaneously from the Escrow to such HFA in an amount equal to the net proceeds of the Serial Bonds then issued multiplied by 1.5.
Primary Dealer shall participate in Serial Bond and other Government Bond and Treasury Bill issuances as decided by State Treasury.
The aggregate net proceeds of the Eligible Bonds and all related Serial Bonds (whether issued simultaneously with the Term Bonds or on a delayed issuance basis as provided below), sized in accordance with the Serial Bond Ratio Requirement, may not exceed the reasonable expectations requirement applicable to tax-exempt mortgage revenue bonds.
Primary Dealer shall participate in Serial Bond and other Government Bond and Treasury ▇▇▇▇ issuances as decided by State Treasury.