In response to the volatile markets for selling long- term debt, new forms of financing are being used. This article is a comprehensive review of contemporary methods of financing water utility capital expansions and improvements. The following financial methods are discussed: interim financing; bond application notes (BANS); direct bank loans; commercial paper; variable rate demand notes; tender option bonds; floating rate bonds; tender options with adjustable rates; municipal bond insurance; original issue discounts; zero coupon bonds; stepped coupon bonds; and bonds with warrants attached. Includes 2 references, tables, figures.
| Edition : | Vol. 74 - No. 9 |
| File Size : | 1
file
, 1.8 MB |
| Note : | This product is unavailable in Ukraine, Russia, Belarus |
| Number of Pages : | 8 |
| Published : | 09/01/1982 |
