美国大学发行债券搞建设文献翻译.docVIP

American university issue bonds doing construction Faced with the new technology school and beautifying the need to connect with the 1980s and the 1990s compared various institutions are issuing more tax-free bonds. Observers say, private colleges in experienced entrance landslide and delayed after school construction and maintenance, in this respect is playing pioneer role. Government street bank and trust company general manager of public finance in Boston, Charles profeta Knoll says, the institutions are put their dormitory into apartment-style or suite type. Both in the classroom, or in the dormitory, theyre in selling technical bonds. Lee Wright, and George nussbaum and his company - one in Denver as a base investment Banks company work together for 12 years, and he could see into the tax-free bonds market of military academies and schools has grown steadily. Higher education fund senior vice President and manager Mr White said: push into the market, the reason of the institutions in competition is based on winning. They had to good package oneself, to enable students to think of them there. Second, by making investments to money in your fund operation, not flowers in the school construction, you can play in the financial front of in this game. Has good or bad, but in general, the upward trend is. After 25 years to repay Sales tax exemption to investors by public and private colleges and universities, bonds actually borrowed purchase price; When bond maturity, they use any repay the turnover process to construction and building updates. In a particular stage of bond during its existence, colleges to investors pay duty-free interest. Xu colleges now pay interest rates is 5% and 6% almost 15 years ago, and double-digit rates are much lower than. According to common and poor evaluation group public fund department director Mary ? Peggy dowd estimate, los quinn ? in national 3600 schools, one-third of the colleges in some time been tax-exempt bond markets. Private