From Name:
From Email:
To Name:
To Email:

Optional Message:

Chicago eyes issuing costly capital appreciation bonds

from Reuters

The latest general obligation bond proposal from Chicago Mayor Rahm Emanuel could have the cash-strapped city selling up to $500 million of capital appreciation bonds, a form of debt that government finance experts say could be costly and risky. CABs are municipal debt for which payments are deferred until the bonds' maturity while interest compounds. more

Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063