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Revenue Bond Index definition

Revenue Bond Index means the weekly index of interest rates on revenue bonds known as the "25-Bond Revenue Index" published by The Bond Buyer or, if such index is no longer
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Revenue Bond Index means the thirty (30) year Revenue Bond Index of The Bond Buyer, a publication in New York, New York, or any successor publication maintaining such index or in the event The Bond Buyer or any successor publication does not maintain such Index, an equivalent index with the same components as the Revenue Bond Index. In the event there is no Revenue Bond Index or equivalent index an interest rate for a Series of Bonds determined in accordance with the Revenue Bond Index shall be the maximum rate, if any, permitted by the Supplemental Resolution authorizing the issuance of such Series of Bonds, or if the Supplemental Resolution authorizing the issuance of such Series of Bonds does not specify a maximum rate, the Certified Interest Rate.
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Revenue Bond Index means the Revenue Bond Index published from time to time in
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Examples of Revenue Bond Index in a sentence

  • The yield on such Bonds shall be no less than the yield received by any other buyer of such bonds or notes but shall not exceed that rate which is the lesser of (a) 175 basis points higher than the Bond Buyer Revenue Bond Index for instruments of like risk and like maturity on the date of their issuance or (b) the market rate that such obligations would bear if issued on the open market, as certified by the financial advisor to the Authority.

  • The interest rate being offered to all borrowers has been reduced from 60% of the Bond Buyer Revenue Bond Index to 45%.

  • Remarketed issues, taxable municipal bonds, bonds with floating rates, and derivatives, are excluded from the benchmark.The Barclays Capital Revenue Bond Index is a component of the Barclays Capital Municipal Bond Index.

  • The interest rate assumptions are in conformance with the PID Act assuming an index rate of 4.03% as provided by The Bond Buyer’s Revenue Bond Index dated February 9, 2017.

  • For purposes of example and illustration only, The Bond Buyer Revenue Bond Index for the week ending August 2, 2001 was 5.40% as set forth in the table entitled “Bond Buyer Indices” on page 37 of The Bond Buyer, Vol.

  • Study No.: 2278.114February 13, 2018THE MARKET: General performance of the tax-exempt market is often measured by the Bond Buyer’s Index (“BBI”) which measures the yield of high grade municipal bonds in the 20th year for general obligation bonds (the BBI 20 Bond Index) and the 30th year for revenue bonds (the BBI Revenue Bond Index).

  • The Standard Rate for FY19 (2.60%) is based on a 40% discount to the January through August 2018 average of the Bond Buyer Revenue Bond Index, rounded to the nearest 1/10 %.

  • Indebtedness which does not bear interest at a fixed rate will be deemed to bear interest at an annual rate equal to 120% of the weighted average annual interest rate borne by such Indebtedness over the 24-month period ending on the date of calculation (or with respect to such Long-Term Indebtedness issued during such 24-month period, 120% of the average of the most recent 24- month Bond Buyer 25 Revenue Bond Index).

  • If the debt has not been outstanding for at least a 12 month period, the assumed interest rate shall be 120% of (i) the Bond Buyer 25 Revenue Bond Index for tax-exempt debt, and(ii) the average prime rate of the Trustee for the most recent 24 month period for taxable debt.

  • The index approved by the City Council is the 25 Year Revenue Bond Index for which the highest average rate during September 2017 was 3.81 percent (3.81%).


More Definitions of Revenue Bond Index

Revenue Bond Index means the weekly index of interest rates on revenue bonds known as the “25-Bond Revenue Index” published by The Bond Buyer or, if such index is no longer being published, any other index of interest rates borne by revenue bonds, the interest of which is exempt from Federal income taxation, having a maturity of 30 years.
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Revenue Bond Index means the 30 year Revenue Bond Index of The Bond Buyer, a publication in New York, New York, or any successor publication maintaining such Index or in the event The Bond Buyer or any successor publication does not maintain such Index, an equivalent index with the same or similar components as the Revenue Bond Index.
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Revenue Bond Index means the most recently published Bond Buyer Revenue Bond Index published in The Bond Buyer, or, if that index ceases to be available, a reasonably comparable index selected by the City.
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Revenue Bond Index means the 25 Bond Revenue Index yield rate as published in the Bond Buyer.
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Revenue Bond Index means the interest rate on Long Term Nontax Revenue Bonds of the County determined pursuant to a written statement obtained from an investment banker or financial advisor experienced in the underwriting of Long Term Nontax Revenue Bonds between 90 and 120 days immediately prior to the date of issuance of a proposed issue of Additional Bonds, setting forth, in the opinion of such investment banker or financial advisor (which opinion shall be based upon the best estimates and recent experience of such investment banker or financial advisor under the then-prevailing market conditions but shall not in any event be deemed to constitute an offer to purchase any such Long Term Nontax Revenue Bonds or otherwise to create or give rise to any liability or obligation on the part of said investment banker or financial advisor with respect thereto), the fixed rate or rates that the investment banker believes are the lowest rates that would permit such Long Term Nontax Revenue Bonds to be marketed at par on reasonable and customary terms.
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Related to Revenue Bond Index

  • Revenue bond means any bond, note, or other evidence of

  • Revenue bonds means revenue bonds authorized to be issued pursuant to this Act.

  • Tax Exempt Bond-Financed Development means a Development which has been financed by the issuance of tax-exempt bonds subject to applicable volume cap pursuant to Section 42(h)(4) of the IRC.

  • 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.

  • SIFMA Municipal Swap Index means on any Rate Determination Date the Securities Industry and Financial Markets Association Municipal Swap Index, produced and made available by Municipal Market Data as of 3:00 p.m., New York City time, on the Rate Determination Date.

  • 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;

  • Municipal Revitalization Index means the 2007 index by the

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

  • CMT Index Not applicable.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • 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.

  • Energy conservation measure means a training program or facility alteration designed to reduce energy consumption or operating costs and includes:

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Renewable energy project means (A) a project

  • Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Final Terms;

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Renewable Energy Credits means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • Development Authority means the New Jersey Schools

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Price Index means the "Consumer Price Index" published by the Bureau of Labor Statistics of the U.S. Department of Labor, All Items. New York, N.Y.--Northeastern, N.J., all urban consumers (presently denominated "CPI-U"), or a successor or substitute index appropriately adjusted. (iii) the term "Price Index for the Base Year" shall mean the average of the monthly All Items Price Indexes for each of the 12 months of the Base Year.

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Crop means a plant used for food, animal feed, fiber, or oil, if the plant is classified as a forage or cereal plant, including but not limited to alfalfa, barley, buckwheat, corn, flax, forage, millet, oats, popcorn, rye, sorghum, soybeans, sunflowers, wheat, and grasses used for forage or silage.

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Most Referenced Definitions