utility bond

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Noun1.utility bond - a bond issued to finance the construction of public utility servicesutility bond - a bond issued to finance the construction of public utility services
municipal bond - a bond issued by a state or local government
References in periodicals archive ?
The article reports that finding higher-quality, long-term investments, other than a utility bond backed by state law, is not easy.
Issue: Bond Anticipation Notes, Series 2016 Consisting of: Sewer Utility Bond Anticipation Notes and General Capital Bond Anticipation Notes; Rating: MIG 1; Sale Amount: $13,020,000; Expected Sale Date: 03-23-2016; Rating Description: Note: Bond Anticipation
The bonds bear a 3.0% coupon, which the underwriters claim to be the lowest ever issued for a 10-year utility bond.
A $9-million utility bond project includes wastewater treatment plant improvements, and two neighborhood improvement projects to install new water and wastewater infrastructure in the Sumter Gardens and Floribana areas are scheduled to begin in May.
A model for the nation is the taxpayer-owned Sacramento Municipal Utility District (SMUD), which closed its troubled Rancho Seco reactor in 1988, and has since turned itself into one of the "greenest" utilities in America - with low rates and one of the country's best utility bond ratings.
contained data on fuel prices, number of ultimate customers, miles of service territory, megawatthours generated, annualized dividend yields, and other stock market information used to calculate the cost of common equity.(9) Finally, Moody's Public Utility Manual, 1986 includes information on public utility bond and preferred stock yields and bond and preferred stock ratings for each utility.
"We were excited to assist Duke Energy in developing a strategy to include diversity-owned broker dealers to lead an important utility bond offering," said Alexandra Lebenthal, CEO of Lebenthal & Co.
The selected engineering firm will be responsible for assisting the Public Utilities Department to comply with the requirements of its utility bond convenants and for providing the County with engineering counsel ang guidance affecting the economical and efficient operation of the utility system.
2014 ballot utility bond measure is approved by the voters.

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