Examples of VRDO in a sentence
The interest rate generally resets on a daily or weekly basis and is determined on the specific interest rate reset date by the remarketing agent, pursuant to a formula specified in official documents for the VRDO, or set at the highest rate allowable as specified in official documents for the VRDO.
The interest rate generally resets on a daily or weekly basis and is determined on the specific interest rate reset date by the Remarketing Agent, pursuant to a formula specified in official documents for the VRDO, or set at the highest rate allowable as specified in official documents for the VRDO.
Invesco VRDO Tax-Free Weekly ETF Invesco Actively Managed Exchange-Traded Fund Trust 1.
Invesco VRDO Tax-Free ETF Invesco Actively Managed Exchange-Traded Fund Trust1.
Invesco VRDO Tax-Free ETF Invesco Actively Managed Exchange-Traded Fund Trust 1.
On August 12, 2020, the 2010D Bonds were converted from Wells Fargo Index Floaters to weekly VRDO remarketed by Barclays.
In all securities types, variable rate notes are allowed; however, investment in variable rate demand notes (VRDN), variable rate demand obligations (VRDO), or auction rate securities (ARS) is prohibited.
On October 1, 2015, the 2011A Bonds were converted from Wells Fargo Index Floaters to weekly VRDO remarketed by RBC Capital Markets.The following tables illustrate (i) rolling 3-month average spreads to SIFMA, and (ii) rolling 12-month average spreads to SIFMA excluding credit and remarketing fees.
The facility will make families and residents aware of this protocol.
The short-term demand obligation rating addresses the ability of the issuer or the liquidity provider to make payments associated with the purchase-price-upon-demand feature (“demand feature”) of the VRDO.