bond-basics

Writ of Mandamus

An order from a court to a government official ordering the government official to properly fulfill their official duties or correct an abuse of discretion.

Hudson Yards Rail Yards

Start with the Bond Basics

Variable Interest Rate

The interest rate on a bond which varies according to a formula set forth in the bond or the indenture or bond resolution/ordinance or based on the interest rate required by a remarketing agent to remarket the bonds at par.