26 March 2022 12:30

What is a bond remarketing?

Remarketing Agent is a municipal securities dealer selected by issuers to set the interest rate for a variable rate issue and typically is responsible for reselling to investors securities that have been tendered for purchase by their owner. Remarketing agents are paid by the issuer to perform these services.

What does it mean to remarket bonds?

A bond that the holder has the right to sell back to the issuer, a nongovernmental borrower, or another party at specified times and for a specified price (usually par). … Put bonds that are tendered are customarily remarketed.

What is remarketing in finance?

2 to sell bonds, shares etc ISSUED (=sold and made available) by borrowersThe dealer with the highest bid then begins to remarket the securities to investors. —

What is remarketing agreement?

A remarketing agreement documents a contractual arrangement under which a vendor agrees to help sell equipment when it goes off-lease at the end of its lease term or earlier due to lessee default or other termination .

How do VRDOs work?

The notes allow a municipal government to borrow money for long periods of time while paying short-term interest rates to investors. As VRDNs are issued in a minimum of $100,000 denominations, smaller investors can only invest in VRDOs indirectly through money market funds.

What is the purpose of remarketing?

What is Remarketing? A Remarketing campaign is another form of online advertising that allows advertisers to show targeted ads to users who’ve previously visited your website. When past website visitors browse online, these ads can show on Google Search and Display partner sites across the web.

What is Demarketing and remarketing?

So, what’s the difference between Demarketing and Remarketing? Based on the definitions the terms are somehow opposite: remarketing tries to encourage you to buy/consume something, and demarketing to discourage of buying a product.

What is the currency of a bulldog bond?

Bulldog Bond Characteristics

The bulldog bond is underwritten by a single bank or a syndicate of domestic banks and is denominated in British pounds.

Is VRDOs tax exempt?

Variable Rate Demand Obligations (VRDOs)

In general, if an issuer acquires its own debt, whether in a secondary market trade or pursuant to a tender right, and the bonds are not immediately resold/remarketed, the bonds are extinguished for tax purposes.