reserve for revenue bond retirement

简明释义

收入担保债券偿还准备

英英释义

例句

1.Before issuing new bonds, the board reviewed the current reserve for revenue bond retirement to assess their capacity.

在发行新债之前，董事会审查了当前的收入债券偿还准备金以评估其能力。

2.The financial report highlighted the importance of maintaining a healthy reserve for revenue bond retirement to ensure creditworthiness.

财务报告强调保持健康的收入债券偿还准备金的重要性，以确保信用度。

3.The city council decided to allocate funds to the reserve for revenue bond retirement in order to meet its future financial obligations.

市议会决定拨款用于收入债券偿还准备金，以满足未来的财务义务。

4.Investors are pleased to see that the municipality has increased its reserve for revenue bond retirement this fiscal year.

投资者高兴地看到该市在本财政年度增加了收入债券偿还准备金。

5.Each year, the company sets aside a portion of its profits into the reserve for revenue bond retirement account.

每年，公司将一部分利润存入收入债券偿还准备金账户。

作文

In the world of finance, understanding various terminologies is crucial for effective management and investment strategies. One such term that often arises in municipal finance is reserve for revenue bond retirement. This phrase refers to a specific fund set aside by an organization or municipality to ensure that it can meet its obligations related to revenue bonds when they mature or when interest payments are due. Revenue bonds are unique financial instruments that are primarily backed by the revenue generated from a specific project, such as toll roads, bridges, or public utilities. Unlike general obligation bonds, which are secured by the full faith and credit of the issuing authority, revenue bonds rely on the income produced by the projects they finance.The establishment of a reserve for revenue bond retirement is a prudent financial practice. It acts as a safety net, ensuring that funds are available specifically for the repayment of these bonds. By setting aside money in advance, municipalities can avoid financial strain when large payments come due. This is particularly important because the failure to make timely payments can lead to significant consequences, including a downgrade in credit ratings and increased borrowing costs in the future.Moreover, having a well-funded reserve for revenue bond retirement can enhance investor confidence. Investors are more likely to purchase revenue bonds if they see that the issuing body has taken steps to secure their investment. This can lead to lower interest rates on the bonds, which ultimately saves the municipality money over time. When investors know that there is a dedicated reserve for bond retirement, they perceive a lower risk, which can translate into better terms for the issuer.The calculation of how much should be reserved for revenue bond retirement depends on several factors, including the projected revenues from the project, the total debt service requirements, and any existing reserves. Municipalities often work with financial advisors to determine the appropriate amount to set aside. It is essential for these reserves to be managed wisely, as they must be liquid enough to cover upcoming obligations while also being invested in a way that generates some return.In conclusion, the concept of reserve for revenue bond retirement plays a vital role in the financial planning of municipalities and organizations that issue revenue bonds. By creating a dedicated fund for bond repayment, these entities can ensure fiscal responsibility, maintain investor confidence, and avoid potential financial pitfalls. Understanding this term and its implications is critical for anyone involved in municipal finance or investment. As the landscape of public finance continues to evolve, the importance of such reserves will only grow, highlighting the need for careful financial management and planning in order to secure the long-term viability of public projects funded through revenue bonds.

在金融世界中，理解各种术语对于有效管理和投资策略至关重要。其中一个常常出现在市政金融中的术语是为收入债券偿还而预留的资金。这个短语指的是一个组织或市政当局专门设立的特定基金，以确保其能够在收入债券到期或利息支付到期时履行相关义务。收入债券是一种独特的金融工具，主要由特定项目产生的收入支持，例如收费公路、桥梁或公共事业。与由发行当局的全面信任和信用担保的普通义务债券不同，收入债券依赖于它们融资的项目所产生的收入。设立为收入债券偿还而预留的资金是一种审慎的财务做法。它充当安全网，确保专门用于偿还这些债券的资金可用。通过提前预留资金，市政当局可以避免在大额支付到期时面临财务压力。这一点尤其重要，因为未能按时支付可能会导致重大后果，包括信用评级下降和未来借款成本增加。此外，拥有充足的为收入债券偿还而预留的资金可以增强投资者信心。如果发行机构采取措施保障投资，投资者更有可能购买收入债券。这可以导致债券利率降低，从而最终为市政当局节省资金。当投资者知道有专门的债务偿还储备时，他们会认为风险较低，这可能转化为发行者的更好条款。计算需要为收入债券偿还预留多少资金取决于几个因素，包括项目的预计收入、总债务服务要求以及任何现有储备。市政当局通常与财务顾问合作，以确定适当的预留金额。这些储备必须明智地管理，因为它们必须足够流动，以覆盖即将到期的义务，同时以某种方式投资以产生回报。总之，为收入债券偿还而预留的资金的概念在市政和发行收入债券的组织的财务规划中发挥着至关重要的作用。通过创建专门用于债务偿还的基金，这些实体可以确保财政责任，维护投资者信心，并避免潜在的财务陷阱。理解这个术语及其含义对于任何参与市政金融或投资的人来说都是至关重要的。随着公共金融领域的不断发展，这种储备的重要性只会增加，突显出谨慎财务管理和规划的必要性，以确保通过收入债券资助的公共项目的长期可行性。