Municipal Index definition

Municipal Index means the Bond Buyer Municipal Bond Index.
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Municipal Index means the Bond Buyer Municipal Bond Index or any successor index approved by Moody’s.
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Municipal Index means the Bond Buyer Municipal Bond Index or any successor index approved by Moody's.
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Examples of Municipal Index in a sentence

  • For our municipal products, Loomis Sayles will use the Bloomberg Barclays Municipal Index Classification, a classification scheme that is unique to the risk factors associated with the municipal market and related indices.

  • If a municipal bond is held in both a municipal product account and a non-municipal fixed income product account, Loomis Sayles will use the Bloomberg Barclays Municipal Index Classification for the municipal accounts and the BCLASS for the non-municipal fixed income product accounts for purposes of complying with the industry and sector guidelines.

  • Additionally, the Purchasing Division may include firms that are listed in various reference sources including, but not limited to: Thomas Register, Municipal Index, Yellow Pages, Contractor’s Blue Book, MBE Directories, etc.

  • It effectively caps the floating rate index (the BMA Municipal Index) at 3%, so the maximum interest rate to be paid on $20,000,000 of debt financing is 3% plus remarketing, credit enhancement, liquidity and trustee fees which aggregate to approximately 90 basis points.

  • The source of the discount rate is the 20 Year AA Municipal Index Rate.

  • Interest on these bonds is calculated on a SIFMA Municipal Index rate plus a fixed spread of 1.50%.

  • The Bond Buyer Municipal Index is composed of 50 tax-exempt municipal revenue and general obligation bonds chosen on the basis of criteria that favor recently issued and actively traded bonds.

  • The current floating rate of the floating index (BMA Municipal Index) is lower than the rate at which the caps would go into effect, therefore the only current financial statement impact is to recognize the change in the estimated fair value of the cap agreements in the income statement.

  • The 25-year Revenue Bond Buyer Municipal index for revenue bondsIn determining the interest rate that is offered to a drinking water loan recipient, the rate of interest as published by the Bond Buyer Municipal Index is multiplied by a set percentage, which is currently 62.5%.

  • The first Municipal Index rated 23 percent (250) of all 1,100 municipalities nationwide (as of 2008).


More Definitions of Municipal Index

Municipal Index has the meaning set forth in paragraph 12(a) of this Part I of Section 12.1.
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Municipal Index means the Securities Industry and Financial Markets Association Municipal Swap Index™ as of the most recent date for which such index was published or such other weekly, high-grade index comprised of seven-day, tax-exempt variable rate demand notes produced by Municipal Market Data, Inc., or its successor, or otherwise designated by the Securities Industry and Financial Markets Association; provided, however, that, if such index is no longer provided by Municipal Market Data, Inc. or its successor, the “Municipal Index” means such other reasonably comparable index selected by the Remarketing Agent.”
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Municipal Index means The Bond Buyer Municipal Bond Index
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Municipal Index has the meaning set forth in paragraph 13(a) of this Part I.
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Municipal Index has the meaning set forth in paragraph 10(b)’ of this Part I.
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Related to Municipal Index

  • Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.

  • Municipal Revitalization Index means the 2007 index by the

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • Final Index Price means the average of the closing price of the Index on each of ten (10) consecutive trading days immediately preceding the Determination Date.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • SIFMA Municipal Swap Index means the Securities Industry and Financial Markets Association Municipal Swap Index, or such other weekly, high-grade index comprised of seven-day, tax-exempt variable rate demand notes produced by Municipal Market Data, Inc. or its successor, or as otherwise designated by the Securities Industry and Financial Markets Association; provided, however, that if such index is no longer produced by Municipal Market Data, Inc. or its successor, then SIFMA Municipal Swap Index shall mean (i) the S&P Municipal Bond 7 Day High Grade Rate Index produced by Standard & Poor’s Financial Services LLC or its successors or (ii) if the S&P Municipal Bond 7 Day High Grade Rate Index is no longer produced, such other reasonably comparable index selected in good faith by the Board of Trustees of the Fund and consented to in writing by Holders of greater than 50% of RVMTP Shares, which shall not be unreasonably withheld by such Holders.

  • CPI Index means the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, U.S. City Average, “All Items” (1982-84 = 100), or any successor index thereof as such successor index may be appropriately adjusted to establish substantial equivalence with the Consumer Price Index; provided that if the Consumer Price Index ceases to be published and there is no successor thereto, such other index as the Company shall designate in writing to the Trustee shall be substituted for the Consumer Price Index.

  • Municipal tariff means a tariff for services which a municipality may set for the provision of a service to the local community, and includes a surcharge on such tariff;

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Hazard Index means the sum of two or more hazard quotients for multiple hazardous substances and/or multiple exposure pathways.

  • RPIX Index shall have the meaning given to it in paragraph 5.4 of Schedule 3 (Charging Structure) of this Framework Agreement;

  • CMT Index Not applicable.

  • municipal council or "council" means the council of a municipality referred to in section 18 of the Municipal Structures Act;

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • GDPR means the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation).

  • Case-mix index means an arithmetical index measuring the relative average costliness of outpatient cases treated in a hospital, compared to the statewide average.

  • Municipal Engineer means the engineer for the Municipality or such person or persons designated in writing from time to time by the Municipality.

  • GDP or “Gross Domestic Product” for the purposes of this LOA means the expenditure side value of all goods and services produced in British Columbia for a given year as stated in the BC Economic Accounts;

  • Metropolitan statistical area means any of the metropolitan statistical areas as defined from time to time by the United States Office of Management and Budget.

  • Municipal Planning Tribunal means the Municipal Planning Tribunal for the municipal area established in terms of section 33, the joint Municipal Planning Tribunal established in terms of section 45 or the District Municipal Planning Tribunal established in terms of section 49;

  • SONIA Compounded IndexEnd means the SONIA Compounded Index Value on the date falling “p” London Business Days prior to (i) in respect of an Interest Accrual Period, the Interest Payment Date for such Interest Accrual Period, or (ii) if the Notes become due and payable prior to the end of an Interest Accrual Period, the date on which the Notes become so due and payable; and

  • Municipal bond means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • SOFR IndexEnd means the SOFR Index value on the day which is five U.S. Government Securities Business Days preceding the Interest Payment Date relating to such Interest Period (or in the final Interest Period, the Maturity Date).