District of Columbia Bond placement agreement

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State:
Multi-State
Control #:
US-0188-WG
Format:
Word
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Description

A bond placement is the process of selling a new bond issue often to an intitutional investor. For a company in need of financing, this a typical transaction arranged through an investment banker.

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FAQ

The District's general obligation bonds are backed by the full faith and credit of the District and are secured by the District's semi-annual collection of special real property taxes, which represent a specific percentage of the District's overall real property taxes.

Authority bonds are issued by an authority, such as a government agency, public organization, or a company. The bond's security is from the proceeds of the project it finances.

District of Columbia Investor Relations We appreciate your interest and investment in bonds issued by the District, as it allows us to make critical investments in public infrastructure throughout the District.

DC's industrial revenue bond program (IRB) provides access to tax-exempt financing to help businesses and non-profit organizations renovate and build new construction, make tenant improvements, and purchase capital by securing interest rates up to 4% lower than a traditional commercial loan.

In most states, a person who is arrested must put up a certain amount of money to be released while their case is pending. This is typically referred to as either bond or bail. However, DC does not have a bond or bail requirement for people to be released while their case is pending.

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District of Columbia Bond placement agreement